NEW YORK, New York.- This Friday, the day on Wall Street opened with losses, when the Dow Jones Industrialsits main indicator, fell 0.51%, to 38,261 points.
At the opening
Fifteen minutes following the opening of the New York Stock Exchangethe selective S&P 500 fell 0.57%, to remain at 5,169 points, and the technological Nasdaq It fell 0.76%, to 16,316 integers.
What affects the markets today?
For its part, the performance of 10-year Treasury bond fell 4.51%.
This morning, three of the largest US banks – JPMorgan, Citigroup and Wells Fargo – published their first quarter 2024 resultsdata that those responsible described as “solid.”
JPMorgan Chase fell 4% on Wall Street despite the fact that it obtained a profit of 13,419 million dollars, 6% more than in the same period of the previous year, while Wells Fargo fell 0.65% following registering a profit of 4,619 million dollars, 7.45% less.
While, Citigroup fell 0.46% following reporting a 27% drop in its first quarter profits, to $3,371 million.
On the other hand, investors remain concerned regarding the increase in inflation in Marchwhich moved away from the target of 2% of the Federal Reserve (Fed) and thus reduces the hope that there will be a drop in interest rates soon.
By sectors
Losses predominated, led by the technology sector (-0.9%) and non-essential goods (-0.85%), while the only increases were for the energy sector (1.33%) and public services (0.41%).
In the Dow 30 index, the gains of Chevron (1.18%) and Apple (1.15%) stood out, and the losses led by JPMorgan (-3.92%) and Intel (-3.34%).
You might also be interested: “Price of the dollar today, Friday, April 12, 2024”
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2024-05-11 07:41:45
