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Wall Street opens on mixed ground and the Dow Jones rises 0.39%

Wall Street opened on mixed ground and the Dow Jones Industrials, its main indicator, added 0.39%, when investors await the publication of the minutes of the July meeting of the Federal Reserve (Fed) of USA.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 35,081 units and the selective S&P 500 added 0.13%, up to 4,443 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, lost 0.22%, to 13,660 integers.

The central bank is scheduled to publish the minutes of its July meeting on Wednesday.

In July, the Fed raised rates to their highest levels in more than 22 years.

The Fed minutes could provide clues to investors about the Fed’s next move in its fight against inflation.

By sectors, green dominated, with the greatest gains being for energy and industry, with 0.71% and 0.55%, respectively, while the greatest losses were for communications and non-essential goods, which were down 0.36% and 0.04%, respectively.

Among the 30 Dow Jones stocks, the biggest losses were for Intel (-1.08%), after announcing that it was withdrawing from the Tower Semiconductor purchase agreement, and Walt Disney (-0.44%), while the biggest gains they were for Caterpillar (1.28) Home Depot -which announced its business results yesterday- (1.27%).

Source: Elcomercio

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