Wall Street opens with gains as the Dow Jones rises 0.15%

NEW YORK, New York.— This Thursday, the day on Wall Street opened with numbers in green, when the Dow Jones Industrialsits main indicator, rose 0.15%, after the last inflation data coincided with the analyst expectations.

At the opening

Ten minutes after the opening of the New York Stock Exchangehe Dow Jones stood at 39,007 points, and the selective S&P 500 It rose 0.47%, to 5,093 integers.

The Composite Market Index Nasdaqwhere the main technology companies are listed, rose 0.82%, to 16,078 units.

What affects the markets today?

He price index in personal consumption expenditures (PCE), a key piece of information that guides the monetary politics from Federal Reserve (Fed), marked in January an increase of 2.4% year-on-year, reported this Thursday the Bureau of Economic Statistics (BEA).

This data shows a decrease of two tenths in relation to the interannual PCE of December.

Application for unemployment benefits in the US

This morning the weekly number of new unemployment benefit applicationswhich last week was 215,000, that is, 13,000 more than the adjusted data from the previous week, according to the Bureau of Labor Statistics (BLS, in English).

On the other hand, in the first operations of the stock market, the powerful fall of 20% of the company’s shares stood out. Snowflake software companyafter announcing on Wednesday that its CEO, Frank Slootman, would leave office. Slootman, who joined the company in 2019 and took it public the following year, will be replaced by former Google advertising chief, Sridhar Ramaswamy.

By sectors

Gains predominated, led by the material goods sector (0.95%) and real estate (0.92%), while the only sector that opened lower was health (-0.18%).

Among the 30 Dow Jones stocks, the biggest advances were for Intel (1.79%) and Walt Disney (1.3%), and the most affected were Walmart (-0.91%) and Salesforce (-0.8%).

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