Wall Street opens in green and the Dow Jones rises 0.30%

NEW YORK, New York.- This Monday, the day on Wall Street opened in green, when the Dow Jones Industrialsits main indicator, rose 0.30%, with technology stocks leading the gains.

At the opening

Eleven minutes after the opening of the New York Stock Exchangehe Dow Jones stood at 38,829 points, and the selective S&P 500 It rose 0.97%, up to 5,166 integers.

The Composite Market Index Nasdaqwhere the main technology companies are listed, dominated the gains of the indicators and rose 1.56%, to 16,221 units, driven by the increases of Alphabet, Google’s parent company, and Apple.

What affects the markets today?

This morning, the Bloomberg agency published that Alphabet is negotiating with Google integrate the Gemini artificial intelligence engine on the iPhone; The news shot up the technology company’s shares by more than 7% in early stock market operations.

The goal is to make it possible for Apple to license Gemini, Google’s generative AI model, to power some new features coming to this year’s iPhone software.

For its part, Apple rose 2%.

Manufacturer’s stock futures chips Nvidia They also rose more than 4% before their Developers Conferencewhere the company is expected to show its latest advances in artificial intelligence.

On the other hand, investors are awaiting the meeting of monetary politics from Federal Reserve (Fed) that begins tomorrow, Tuesday, and from which new clues are expected about the direction of interest rates.

“Rate cuts sooner rather than later are very positive for markets, as they reduce the possibility of a slowdown (of the economy),” notes analyst Tom Essaye in his report The Sevens Report.

By sectors

The largest increases were for the communication sector (3.18%) and technology (1.81%), while the only losses were for the public services sector (-0.2%) and energy (-0.05%).

Among the 30 Dow Jones stocks, the gains of Apple (2.22%) and Salesforce (1.45%) stood out, and the losses of Boeing (-2.32%) and Nike (-1.06%).

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