Wall Street began the day this Thursday in the green and the Dow Jones Industrials, its main indicator, rose 0.46% with investors considering the crisis in the banking sector that kept the stock market in suspense for the past two weeks.
Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones rose to 32,869.07 units, while the selective S&P 500 rose 0.58% to 4,051.25 points.
The composite index of the Nasdaq market, where the main technology companies are listed, increased, for its part, 0.61% to 11,999.23 integers.
The New York stock market began the day rising, continuing with the trend set the day before and with the hope of leaving behind the financial storm that hit the United States and spread to Europe after the collapse of Silicon Valley Bank (SVB) and Signature Bank.
With the first bars of the day, the VIX index, also known as the fear and Wall Street index, and which measures the volatility of the markets, has been below 20 points since the banking crisis broke out on March 8 .
By sectors, real estate (1.13%) registered the highest gains, followed by raw materials (0.88%) and non-essential goods (0.86%) while only communications dawned in red (-0 ,2 %).
Among the 30 Dow Jones stocks, the most favored corporations were Intel (2.06%), Walt Disney (1.53%) and Walmart (1.36%). While among those that woke up in red, UnitedHealth (-0.36%), Salesforce (-0.24%) and MSD (-0.21%) stood out.
I am John Casanova. I am an author at 24 news recorder and mostly cover economy news. I have a great interest in the stock market and have been writing about it for many years. I am also interested in real estate and have written several articles on the subject. I am a very experienced investor and have a lot of knowledge to share with others.