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Wall Street opens in red and the Dow Jones falls 0.21%

Wall Street opened this Friday in the red and the Dow Jones Industrials, its main indicator, lost 0.21% at the opening, in an apparent reaction to inflation data released yesterday and which turned out to be worse than expected.

Three minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 35,103 units and the selective S&P 500 also fell 0.45%, to 4,448 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, fell 0.73%, to 13,637 integers.

The data from yesterday that seems to weigh on investor sentiment is that of inflation in July, which stood at a slight rise of 0.2% (3.2% year-on-year), which has not completely allayed fears of further increases. of interest rates by the Federal Reserve (Fed).

By sectors, the red numbers prevailed, with the greatest losses being those of non-essential goods (-0.98%), technology (0.9%) and communications (0.89%); in green appeared those of energy (0.6%) and public services (0.23%).

Among the 30 Dow Jones values, the movement was discreet this morning and very few exceeded a percentage point up or down: among those who lost stand out Disney (-1.78%) and Microsoft (-0.97%); in green are Merck (0.99%) and United Health (0.84%).

Source: Elcomercio

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