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Wall Street opens in green and the Dow Jones rises 0.18%

Wall Street opened this Monday in the green and the Dow Jones Industrials, its main indicator, rose 0.18%, when the New York stock market tries to rebound after another weekly fall.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 34,563 units and the selective S&P 500 added 0.52%, up to 4,392 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, rose 0.86%, to 13,405 integers.

Investors are coming off a weekly dip as the market battles the summer doldrums.

The Nasdaq closed the week down about 2.6%, for the third week in a row, something not seen since December.

While the Dow Jones ended the week down 2.2%, its worst run since March, and the S&P 500 fell 2.1% and posted its third straight negative week, not since February.

This week investors will analyze the business results of companies such as Macy’s, Nordstr√∂m and Nvidia.

Also, on Friday morning the Chairman of the Federal Reserve, Jerome Powellwill speak at the central bank’s annual symposium in Jackson Hole, Wyoming.

By sectors, green reigned, the main gains were for technology and non-essential goods, with increases of 1.18% and 0.92%, respectively, while the biggest losses were for real estate and utilities, which were down 0.52% and 0.41%, respectively.

Among the 30 Dow Jones stocks, the biggest losses were for Johnson & Johnson (-2.15%) and Intel (-1.65%), while the biggest gains were for Salesforce (1.51%) and Cisco (1.51%). .28%).

Source: Elcomercio

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