Friday, September 22, 2023

Wall Street opens in green and the Dow Jones rises 0.02%

Wall Street It opened this Thursday in the green and the Dow Jones Industrials, its main indicator, gained a slight 0.02%, when investors already have their eyes on next week’s meeting of the US Federal Reserve (Fed)

Ten minutes after the start of operations at the NYSEthe Dow Jones rose to 33,671 units and the selective S&P 500 added 0.02% to 4,268 points.

For its part, the composite index of the Nasdaq market, in which the main technologicalearned at this same time 0.15% up to 13,124 integers.

Investors await the next meeting of monetary politics from the Fed next Tuesday and Wednesday.

New weekly jobless claims data released today showed they have reached their highest level since October 2021, indicating a potentially weakened labor market.

This rebound also raised expectations among experts that the Fed could pause its campaign of rate increase at your next meeting.

GameStop shares, known for being part of the “meme stocks” that took hold during the pandemic, fell 17.18% at this time after the retailer of video game announce the firing of CEO Matthew Furlong and appoint Ryan Cohen as its CEO.

By sectors, the greatest gains were for the non-essential goods and technology, which rose 0.72% and 0.26%, respectively, while the biggest losses were for real estate and financial, with a drop of 0.74% and 0.54% respectively.

Among the 30 values ​​of the Dow Jones the companies with the biggest losses were American Express (-0.98%) and Visa (-0.89%), while the biggest gains were for Home Depot (1.34%) and Merk (1.22%).


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