Wall Street closed the first day of September in negative territory, with the main stock market indices recording losses. The fall occurred in a context of uncertainty among investors, who show concern regarding the trajectory of the North American economy.
The shares of GoPro were a notable exception to the negative sentiment of the market, surging more than 40% in a single day. The strong increase in the value of the company of technology reflects optimism of investors in relation to the performance of the company.
The investors are particularly attentive to the disclosure of economic data this week, with special emphasis on the employment data in the United States, which will be known on Friday. These numbers are considered crucial to evaluate the health of the economy.
The rise in the price of oil has been fueling concerns about a possible acceleration of inflation and its potential impact on future decisions regarding interest rates.
