Wall Street opens mixed and the Dow Jones rises 0.15%

NEW YORK, New York.— This Tuesday, the day on Wall Street opened on mixed terrain, when the Dow Jones Industrialsits main indicator, rose 0.15%, with investors pending the meeting of monetary politics from Federal Reserve (Fed).

At the opening

Ten minutes after the opening of the New York Stock Exchangehe Dow Jones stood at 38,849 points, and the selective S&P 500 It fell 0.30%, to 5,133 integers.

The Composite Market Index Nasdaqwhere the main technology companies are listed, fell 0.79%, to 15,976 units.

What affects the markets today?

This Tuesday, the Fed begins its two-day monetary policy meeting, where it will decide on the direction of interest rates. The regulator is waiting for inflation to drop sustainably to 2% to begin the first rate cuts.

The latest data on inflation, worse than expected by analysts, makes investors think that the central bank will keep rates stable in this meeting.

Among the technology stocks, which opened with losses, the drop of almost 13% of Super Micro Computer – one of the main suppliers of Nvidia’s Artificial Intelligence (AI) servers – stood out after announcing its plan to sell millions of shares.
For its part, Nvidia fell 3%.

By sectors

The largest increases were for public services (0.58%) and energy (0.54%), while the largest losses were for the communication sector (-1.1%) and technology (-1.09%).

Among the 30 Dow Jones stocks, the gains of 3M (1.86%) and Home Depot (0.76%) stood out, and the losses of Intel (-1.7%) and Salesforce (-0.66%).

You might also be interested: “Price of the dollar today, Tuesday, March 19, 2024”

#Wall #Street #opens #mixed #Dow #Jones #rises
2024-04-05 14:48:34

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.