Skip to content

Wall Street closes on mixed ground and the Dow Jones rises 0.20%

Wall Street closed this Monday on mixed ground and the Dow Jones Industrials, its main indicator, rose 0.20%, with the market betting on prudence before the large technology companies release their quarterly results starting this Tuesday.

At the close of operations, the Dow Jones rose to 33,875.40 units and the selective S&P 500 added 0.09% to 4,137.04 points.

For its part, the Nasdaq market composite index, in which the main technology companies are listed, ended in red and lost 0.29% to 12,037.20 integers.

The New York parquet had an irregular day with little movement, in line with last week, while it awaits some of the most outstanding results on the calendar: Microsoft and Alphabet, this Tuesday; Meta, on Wednesday, and Amazon, on Thursday.

The market will also be watching US GDP data for the first quarter and consumer confidence indices for April, at a time of fear over recession and uncertainty over the path of interest rates.

This Monday, the multinational Coca-Cola reported an increase in profits of 12% year-on-year in the first quarter of the year, as a result of the growth in its business volume and the increase in prices, and its shares closed the session with a decrease of 0 ,fifteen %.

By sectors, the gains predominated and were led by energy companies (1.54%), followed by basic materials (0.69%) and health (0.56%), while the most affected were those of technology (-0.42%) and real estate (-0.31%).

Among the 30 Dow Jones stocks, Caterpillar (1.43%), Chevron (1.40%) and Nike (1.24%) led the rises, and the biggest falls were for Intel (-2.11%), Salesforce (-2.07%) and American Express (-1.95%).

In other markets, Texas oil rose to US$78.76 a barrel, and at the end of the trading session the yield on the 10-year US bond fell to 3.50%, gold rose to US$1,999.20 a ounce, and the dollar lost ground against the euro, with a change of 1.1043.

Source: Elcomercio

Share this article:
globalhappenings news.jpg
most popular