Friday, September 22, 2023

Wall Street closes in green and the Dow Jones rises 0.07%

Wall Street closed this Monday in green, and the Dow Jones Industrials, its main indicator, rose an almost imperceptible 0.07%.

At the end of the operations in the NYSEthe Dow Jones rose to 35,307 points, while the selective S&P 500 it earned 0.58%, up to 4,489 integers.

Clearer was the rise of the market composite index nasdaqwhich groups technology companies, which gained 1.05% to 13,788 units.

According to experts, the persistence of inflation continues to raise doubts about the trajectory of the rise in Federal Reserve (Fed) interest rates when many hope that the central bank will soon announce that it is ending the increases.

The MarketWatch portal points out that it will be vital to see the results of the giants of the retail commerce -Home Depot on Tuesday, Target on Wednesday and Walmart on Thursday- to measure consumer behavior and see if the specter of the recession is finally going away.

By sectors, none exceeded the percentage point in the movements of the day, up or down, except for technology, which rose 1.85%, communications (1.04%); in red were public services (-0.83%) and real estate (-0.54%).

The variations in the Dow 30 were not high either, and the winners Intel (2.26%) and Merck (1.37%) stood out; losers include 3M (-1.08%) and Walgreens (-0.95%).

In other markets, the Texas oil closed lower at US$82.51 a barrel, gold also fell to US$1,939.8 an ounce and the ten-year treasury bond rose to 4,199%.


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