Wall Street closes in red and the Dow Jones falls 0.56%

Wall Street closed this Tuesday, the first day of weekly trading, with its indicators in red and the Dow Jones Industrials, its main indicator, fell 0.56% in a session marked by pessimism coming from the oil market.

At the end of operations on the New York Stock Exchange, the Dow Jones fell to 34,642 points, while the selective S&P 500 lost 0.42%, up to 4,497 integers.

The Nasdaq composite market index, which groups technology companies, is the one that lost the least, a slight 0.08%, up to 14,021 units.

In this shortened week, which began with a Labor Day holiday (when the stock market is closed), investors were met with the news that Saudi Arabia is extending its cuts – of one million fewer barrels per day – until the end of the week. of the year, continuing with a measure that has been applied since April.

As a consequence, the price of a Brent oil barrel rose 1.17% and exceeded the barrier of 90 dollars (90.04) at the close, for the first time so far this year; For its part, the barrel of Texas also rose 1.97% and closed at 86.69, thus continuing a decided streak of rises.

By sectors, the gains of energy companies stood out, which rose 0.49% and technology companies (0.39%), but those that closed in red dominated, including raw materials (-1.81% ), industrial (-1.69%) and public services (-1.54%).

Among the 30 listed companies in the Dow Jones, companies also dominated the decline, such as Walgreens (-2.99%), Merck (-2.12%) and Nike (-1.99%); in green stood out Microsoft (1.49%) and Chevron (1.31%).

In other markets, the 10-year bond rose to 4.274%, gold fell to $1,951 an ounce and the dollar strengthened against the euro, with a change of 1.0718.