Wall Street opens with gains and the Dow Jones rises 0.25%

NEW YORK, New York.- This Friday morning, the day on Wall Street opened in positive territory, when the Dow Jones Industrialsits main indicator, rose 0.25%, as traders analyze the latest US employment data.

At the opening

Twenty minutes after the opening of the New York Stock Exchangehe Dow Jones stood at 38,694 points and the selective S&P 500 It progressed by 0.56% to 5,176 points.

The technological Nasdaqwhere the main technology companies are listed, gained 0.69%, up to 16,160 integers.

What affects the markets today?

The unemployment rate in the United States fell one tenth in March compared to February, to 3.8%, while job creation remained solid, at a time when Federal Reserve (Fed) is studying when lower interest rates.

Los employment data confirm the labor market strength despite high interest rates, and investors are torn between the desire for a strong economy that will increase corporate profits and the hope of a weaker labor market that will lead the central bank to lower rates.

On the other hand, the performance of 10 year bond It rose today to 4,361%.

By sectors

Gains predominated, led by the communication sector (0.91%) and the non-essential goods sector (0.86%), while the largest losses were for the public services sector (-0.82%) and the essential goods sector (-0.16 %).

In the Dow 30 index, the rise of Amazon stood out by 2.15% and Caterpillar by 1.71%, while Intel fell (-2.21%) – thus continuing the losses it saw this week due to losses in its semiconductor business – and Verizon (-1.35%).

You might also be interested: “Price of the dollar today, Friday, April 5, 2024”

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2024-05-01 18:51:36

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