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Wall Street opens on mixed ground and the Dow Jones rises 0.09%

Wall Street opened this Monday on mixed ground and the Dow Jones Industrials, its main indicator, gained 0.09%, as regional banks try to regain balance.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones rose to 33,705 units and the selective S&P 500 added 0.08% to 4,139 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, lost 0.16% to 12,215 integers.

Shares of regional banks, under severe stress last week, rose and the SPDR S&P Regional Banking ETF (KRE), a fund that groups most of these banks, added 0.70%.

Stocks are coming off a volatile week in which the Dow Jones Industrial Average and S&P 500 posted their worst weekly gains since March.

This week, investors expect more inflation data when they are released this Wednesday on the Consumer Price Index and the Producer Price Index, which will be released on Thursday.

The only sectors that woke up in red were technology, health and essential goods, which fell by 0.48%, 0.46% and 0.36%, respectively. While the biggest gains were for energy and financial, which rose 1.55% and 0.75%, respectively.

Among the 30 Dow Jones stocks, the companies with the biggest losses were Amgen (-1.58%) and Intel (-1.27%). While the highest gains were for Walt Disney (3.03%) and Caterpillar (1.13%).

Source: Elcomercio

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