Home » Economy » Wall Street opens with gains and the Dow Jones rises 0.75%

Wall Street opens with gains and the Dow Jones rises 0.75%

NEW YORK, New York.- The day on Wall Street opened this Wednesday in green numbers, when the Dow Jones Industrialsits main indicator, rose 0.75%, to stand at 39,578 points.

At the opening

Fifteen minutes following the opening of the New York Stock Exchangethe selective S&P 500 gained 0.56% and stood at 5,232 points, while the technological Nasdaq It rose 0.31%, to 16,366 integers.

What affects the markets today?

This morning the 14% rise in Trump Media & Technology Groupthe company of the former president of the United States, Donald Trump, which today begins its second day trading on Wall Street. Yesterday saw its shares shoot up 54% just half an hour following going public.

In the early stages of the New York market, the 16% drop in retail sales was also notable. GameStop video games -known for being one of the “meme stocks” that skyrocketed during the pandemic-, which today announced worse-than-expected revenues in the fourth quarter of 2023.

Following the publication of its quarterly results, the company announced that it will carry out a staff reduction this year, which also affected the value of its shares.

On the other hand, the futures of the pharmaceutical company Merck rose almost 5% – reaching a new all-time high – following the US Food and Drug Administration approved the use of Winrevair, a treatment for patients with pulmonary arterial hypertension.

By sectors

All opened in green, with the greatest increase for public services (1.39%) and the real estate sector (1.28%).

Among the 30 Dow Jones stocks, Merck (4.68%) and Intel (2.08%) led the gains, while the losers at this time included Chevron (-0.19%), and Visa (-0.16%).

You might also be interested: “Price of the dollar today, Wednesday, March 27, 2024”

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2024-04-02 14:56:18

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