Wall Street rebounds and the Dow Jones closes with a rise of 1.16%

Wall Street It rebounded this Monday after the losses of the last sessions and the Dow Jones Industrials, its main indicator, added a solid 1.16% to open a week in which investors await new inflation data and more business results.

At the end of operations on the New York Stock Exchange, the Dow Jones gained more than 400 points, up to 35,473.13 units, while the selective S&P 500 rose 0.90%, up to 4,518.44 integers.

The composite index of the Nasdaq market, where the main technology companies are listed, gained 0.61% and ended the day at 13,994.40 points.

The three indices -especially the Nasdaq- had accumulated setbacks last week after the downgrade of the United States debt by the Fitch agency and with many investors ready to cash in after the market rises in recent months.

Today, Wall Street recovered its pulse and all sectors registered gains, with the sole exception of utilities, which lost a slight 0.02%.

The most benefited of the day were communications (1.88%), finances (1.36%) and industrials (1.26%).

Among the 30 Dow Jones values, the increases of Amgen (3.97%), Boeing (2.97%) and Johnson & Johnson (2.41%) stood out, while only three firms ended in red: Apple (-1 .73%), 3M (-0.27%) and Verizon (-0.26%).

Outside of that index, the strong rise in the food group Sovos Brands drew attention, which shot up more than 25% after announcing an agreement for its acquisition by the historic manufacturer of Campbell’s soups in an operation valued at US$ 2,700 million.

Markets are now awaiting US inflation data due this week and the tail end of the wave of corporate earnings, generally down but somewhat better than analysts had predicted so far. .

In other markets, Texas oil fell to $81.94 a barrel, and at the close of trading gold fell to $1,971.7 an ounce, the yield on the ten-year US Treasury bond rose to 4 .09% and the dollar gained ground against the euro, with a change of 1.099.