Friday, December 8, 2023

Wall Street opens on mixed ground and the Dow Jones down 0.02%

Wall Street it opened this Monday in mixed terrain and with slight variations in its main indicators; the Dow Jones Industrials, its main indicator, lost a slight 0.02%, although shortly before it had been in the green for several minutes.

Ten minutes after the start of operations at the NYSEthe Dow Jones fell to 33,757.11 units, and the selective S&P 500 added 0.18% to 4,289.95 points, after having achieved its best week since March on Friday.

For his part, he composite index of the Nasdaq market, in which the main technology companies are listed, gained 0.18% at this time to 13,264.58 integers.

The market on Wall Street reacts like this, almost flat, to the final agreement on the debt ceilingwhich was ratified on Saturday by President Joe Biden, ending several weeks of political tensions that had also put the New York stock market on edge.

One factor that can encourage investors this week is the price of a barrel in Texas, which this morning appreciated 2.37% (until $73.44) as a reaction to the production cut announced yesterday from Vienna by Saudi Arabia.

By sectors, a morning also toneless, and those who at this time register higher earnings are public services (0.83%) and energy (0.81%), while the losses were for financial (-0.28%) and industrial (-0.19%).

Among the 30 Dow Jones stocks, the best-placed companies were Walgreens (1.44%) and Apple (1.27%), while those that started with losses include Salesforce (-1.45%), Boeing (-1.39%).


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