Wall Street opens with slight setbacks and the Dow Jones falls 0.12%

Wall Street opened this Wednesday in red, although practically flat, and the Dow Jones Industrials, its main indicator, lost 0.12%, impatient to know the decision of the Federal Reserve (Fed) on a new rise in interest rates. interest, which most analysts expect to be 0.25 points.

Ten minutes after the start of operations at the NYSEthe Dow Jones subtracted 40.62 points, to 32,519.98 units, while the selective S&P 500 fell 0.11% or 4.36 integers, to 3,998.51 points.

The composite index of the Nasdaq market, where the main technology companies are listed, left 0.14% or 17.19 units, up to 11,842.92 integers.

The New York Stock Exchange opened practically flat while waiting for the Federal Reserve to announce a new interest rate hike today when the market has not yet shaken off the scare of the recent financial storm that swept away the regional banks Silicon Valley and signature and that endangered the First Republic, rescued by a group of large entities.

Most analysts expect rates to rise 0.25 points, as already happened in February.

Rates are in a range between 4.5% and 4.75%, the highest figure since September 2007, and investors believe that a continuation of this policy of increases designed to stop inflation could lead to a recession , which would end up weighing on the demand for crude oil.

The financial sector rallied yesterday after Secretary of the Treasury, Janet Yellen, assured that the authorities are willing to guarantee the deposits of other banks that are in trouble, which served to make the shares of First Republic they will shoot

Earlier this morning, shares of this corporation were down 2.66%.

By sectors, only three woke up with gains, led by technology (0.2%), while the rest moved into negative territory, with the real estate sector (-1.5%) as the most affected, along with energy (- 0.37%).

The financial sector, for its part, lost 0.26% in the early stages of the day.

Among the 30 companies in the Dow Jones, the gains of UnitedHelath (0.58%) and Dow (0.5%) stood out, compared to the losses of Boeing (-2.8%), Nike (-1.57%) and JPMorgan Chase (-0.49%).