Wall Street opens in red and the Dow Jones falls 0.30%

Wall Street opened this Wednesday in red and the Dow Jones Industrials, its main indicator, lost 0.30%, thus breaking with yesterday’s rebound.

Ten minutes after the start of operations at the NYSEthe Dow Jones lost 33,825 units and the selective S&P 500 also subtracted 0.30%, up to 4,365 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, lost 0.19%, to 13,529 integers.

The United States is considering new restrictions on the export of chips to China, according to The Wall Street, and this has negatively affected Nvidia shares, which lost the same hour by 1.73% and AMD shares, which fell by 1, 28%.

This Friday, which is the end of the month and the semester, according to experts, the stock market will achieve the best first half of the year for the Nasdaq in 40 years.

This index has been helped by the popularity of artificial intelligence (AI) which has significantly boosted a handful of technology companies.

Today investors will also discuss the remarks of Federal Reserve (Fed) Chairman Jerome Powell at a policy panel at the European Central Bank Forum on Central Banking in Sintra, Portugal.

Act in which the president of the European Central Bank, Christine Lagarde, and the representative of the Bank of Japan, Kazuo Ueda, among others, also participate.

By sectors, the gains were for non-essential goods and communications, which rose 0.33% and 0.01%, respectively, while the biggest losses were for public services and raw materials, which remained 1.01% and 0.76%, respectively.

Among the 30 Dow Jones stocks, the companies with the biggest losses were Intel (-1.83%) and Travelers (-1.42%), while the biggest gains were for Salesforce (0.48%) and Walmart (0 ,41).