American Markets Rally: Inflation Eases and Oil Prices Stabilize

On Thursday, September 13, the American stock markets witnessed another round of gains with the S&P 500 reaching a new historical peak. This momentum was driven by a combination of favorable economic factors: lower-than-expected inflation and stabilized oil prices, which alleviated some concerns over rising US inflation. The reduction in bets on an interest rate hike by the Federal Reserve (Fed) in September contributed to this positive scenario. Although stocks have seen consecutive gains, the market is not entirely out of concerns about potential future inflation increases, with 65.4% of bets still pointing towards the Fed maintaining rates. Upcoming inflation indicators may influence this outlook over the next few weeks. Additionally, shares of companies such as Meta, Micron and Netflix were key determinants in the positive performance of the S&P 500. However, after six consecutive days of gains, the energy market saw profit-taking, with oil prices closing lower despite still high levels. There are no clear signs of progress on reopening the Strait of Hormuz or diplomatic negotiations between the United States and Iran, which could keep energy market uncertainty at bay in the short term.