Home » Economy » Wall Street opens with losses and the Dow Jones falls 0.12%

Wall Street opens with losses and the Dow Jones falls 0.12%

NEW YORK, New York.— This Wednesday, the day on Wall Street opened in the red, when the Dow Jones Industrialsits main indicator, fell 0.12%, while investors await comments from the Federal Reserve (Fed) at the end of its meeting monetary politics.

At the opening

Ten minutes following the opening of the New York Stock Exchangehe Dow Jones stood at 39,064 points, and the selective S&P 500 It fell 0.06%, to 5,175 integers.

The Composite Market Index Nasdaqwhere the main technology companies are listed, fell 0.06%, to 16,156 units.

What affects the markets today?

Investors await the latest decision from the Federal Reserve (Fed) on the interest rateswhich will be communicated at the end of its meeting monetary politics of two days. Analysts expect the central bank to keep rates unchanged.

Some investors fear that the recent batch of inflation reports will translate into fewer cuts than markets anticipate, or perhaps later in time.

On the other hand, Intel rose more than 3% before the opening of the stock market following learning that the United States Government plans to provide the semiconductor company $8.5 billion in direct financing and others 11,000 million in loans to promote the chip manufacturing.

By sectors

The largest increases were for public services (0.3%) and communication (0.22%), while the largest losses were for the real estate sector (-0.38%) and health (-0.34%).

Among the 30 Dow Jones values, the gains of Boeing (0.87%) and Intel (0.73%) stood out, and the losses of Caterpillar (-1.19%) and Merck (-0.54%).

You might also be interested: “Price of the dollar today, Wednesday, March 20, 2024”

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2024-04-05 03:06:42

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