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Wall Street opens in red and the Dow Jones falls 0.13%

Wall Street begins this four-day week in the red and the Dow Jones Industrials, its main indicator, fell 0.13%, after last week the parquet registered its best week since July.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 34,793 units and the selective S& 500 subtracted 0.24%, up to 4,504 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, fell 0.26%, to 13,995 integers.

Yesterday, the stock market was closed for the Labor Day holiday.

According to CNBC, historically, September marks the weakest month for stocks.

Investors will be looking closely at economic reports (including new inflation data) ahead of the Federal Reserve (Fed) meeting this month.

The US central bank will hold a two-day meeting starting on September 19 and will announce its decision on whether or not to raise interest rates on September 20.

By sectors, red reigned and the only gains were for energy and communications, which rose by 1.08 and 0.13%, respectively. While the biggest losses were for industrial and raw materials, with falls of 0.96% and 0.73%.

Among the 30 Dow Jones stocks, the biggest losses were for Nike (-1.21%) and Home Depot (-1.18%), while the biggest gains were for Chevron (1.46%) and Intel (1. 17%).

Source: Elcomercio

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