Wall Street opens in green and the Dow Jones rises 0.35%

Wall Street It opened this Wednesday in green and the Dow Jones Industrials, its main indicator, gained 0.35%, with investors waiting for them to know the inflation data in the United States this Thursday and on Friday the results of the banking.

Ten minutes after the start of operations at the NYSEthe Dow Jones rose 118 units, to 33,967, while the selective S&P 500 gained 0.55%, or 21.75 points, to 3,962.50.

The composite index of the Nasdaq market, where the main technology companies are listed, added 0.56% or 63.50 integers, up to 11,345.50. This is the third consecutive day that Wall Street has opened in the green, a trend that was also the majority during the past week, although the gains have been relatively moderate.

In recent weeks, investors have been optimistic about signs that inflation is moderating and, meanwhile, that the US central bank may consider stopping raising interest rates or at least reducing their pace.

The reference rate of the Federal Reserve (Fed) it is currently in a range of between 4.25% and 4.5%.

On the other hand, investors will take a close look at the monthly inflation figures to be released on Thursday and the fourth-quarter 2022 business results of major US companies.

Reports from the main banks are expected on Friday, such as Bank of America, JPMorgan Chase and Citigroup.

All sectors also started the day in green, with the highest gains for non-essential goods (1.77%) and real estate (1.69%).

Among the 30 values ​​of the Dow Jones the movements were not very relevant, and among the most affected were Salesforce (-1.72%) and Verizon (-1.47%); Among those that dawned in green were Home Depot (2.03%) Dow Inc (1.86%) and Boeing (1.53%).

In other markets, the Texas oil It rose at this time to $76.82 a barrel, the yield on the 10-year US bond fell to 3.565%, gold rose to $1,877.10 an ounce and the dollar lost ground against the euro, with a change of 1, 0772.