Stock exchanges of Nova York close with no single direction this Tuesday, December 9, pressured by the sharp drop in shares of JPMorgan Chase. The bank announced projections of higher expenses for 2026, which impacted the Dow Jones index. Enquanto that, silver reached record levels above $60 per ounce.
The Dow Jones fell 0.4%, closing at 47,560 points, mainly influenced by the 4.7% devaluation in JPMorgan shares. The S&P 500 recorded a slight drop of 0.1%, and the Nasdaq advanced 0.1%. Investidores awaits Federal Reserve’s decision on interest rates.
The JPMorgan executive responsible for the consumer area indicated that expenses could reach around US$105 billion in 2026, driven by costs related to growth and business volume.
- This value represents an increase of approximately 9% compared to projections for 2025.
- Analysts expected a figure close to US$101 billion.
- The news generated immediate concern in the financial market.
Drop in JPMorgan puts pressure on indexes
JPMorgan shares led losses in the Dow Jones after a statement at a financial conference. The institution maintains its focus on strategic investments, but the higher-than-expected guidance affected investor confidence.
The bank highlights consumer resilience, although it notes a more fragile environment with the normalization of cash buffers from the pandemic. Projeções for charge-offs on credit cards were revised to 3.3% in 2025.
Other sectors contributed to the mixed session at Nova York.
Silver reaches all-time high above $60
Silver rose significantly and surpassed US$60 per troy ounce for the first time, driven by expectations of an interest rate cut by Fed and growing industrial demand.
The metal accumulates gains of more than 100% in the year, surpassing the performance of gold. Fatores include supply shortages and bets on monetary relief.
- Demand for silver in solar panels and electric vehicles supports the upward trajectory.
- Yields on the US 10-year Tesouro rose to 4.185%.
Nvidia reacts to authorization for exports
Shares of Nvidia fell 0.3% after President Trump’s announcement about permission to export H200 chips to customers approved at China, with a 25% tax on sales.
The measure represents a balance between previous restrictions and access to the Chinese market. H200 chips outperform previously authorized models.
Investors monitor long-term impacts on the company’s revenue.
Labor market data and expectations for Fed
Job vacancies in the Estados Unidos remained at around 7.7 million in October, above forecasts. The report reinforces the high probability of a 0.25 percentage point cut in interest rates.
Market prices high chance of reduction in the two-day meeting of Fed. Comentários cautious authorities influence projections for 2026.
Movements in other markets
Yields of the Treasuries advanced, reflecting adjustments before the monetary decision. Commodities and silver stood out positively in a volatile session.
The scenario remains attentive to signals about monetary policy and corporate performance. Sessão reflects general caution in Wall Street.
Perspectives for the next trading sessions
Analysts observe possible volatility with the announcement of Fed. Desempenho of banks and commodities remains on investors’ radar. Mercado assesses the balance between economic growth and inflation control in the Estados Unidos.
