Sunday, December 10, 2023

Wall Street closes on mixed ground and the Dow Jones rises 0.20%

Wall Street closed this Monday in mixed terrain and the Dow Jones Industrials, its main indicator, rose 0.20%, with the market betting on the prudence before the big technology companies release their quarterly results starting this Tuesday.

At the close of business, the Dow Jones it rose to 33,875.40 units and the selective S&P 500 added 0.09% to 4,137.04 points.

For his part, he composite index of the Nasdaq market, in which the main technology companies are listed, ended in red and gave up 0.29% to 12,037.20 integers.

He new york parquet He had an irregular and slow day, in line with last week, while he awaits some of the most outstanding results on the calendar: Microsoft and Alphabet, this Tuesday; Meta, on Wednesday, and Amazon, on Thursday.

He market will also be watching US GDP data for the first quarter and consumer confidence indices for April, at a time of fear over the recession and uncertainty about the trajectory of interest rates.

This Monday, the multinational Coca Cola reported an increase in profits of 12% year-on-year in the first quarter of the year, as a result of the growth in its volume of business and rising prices, and its shares closed the session down 0.15%.

By sectorsprofits predominated and were led by energy companies (1.54%), followed by those of basic materialss (0.69%) and health (0.56%), while the most affected were technology (-0.42%) and real estate (-0.31%).

between 30 values of the Dow Jones, Caterpillar (1.43%), Chevron (1.40%) and Nike (1.24%) led the ascents, and the biggest falls were for Intel (-2.11%), Salesforce (-2.07%) and American Express (- 1.95%).

In other markets, the Texas oil rose to US$78.7 a barrel, and at the end of the trading session the yield on the 10-year US bond fell to 3.50%, gold rose to US$1,999.20 an ounce, and the dollar lost ground against the euro, with a change of 1.1043.


Please enter your comment!
Please enter your name here

Latest article