Wall Street opens on mixed ground and the Dow Jones rises 0.12%

Wall Street opened on mixed ground and the Dow Jones Industrials, its main indicator, rose 0.12%, as investors try to figure out what the Federal Reserve’s (Fed) next steps will be.

Fifteen minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 34,484 units and the selective S&P 500 subtracted 0.48%, up to 4,444 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, fell 1.19%, to 13,707 integers.

Apple shares were down 3.37% today, after The Wall Street Journal published yesterday that the Chinese government has banned all government officials and official agencies from using iPhones during work hours.

This morning, it was also announced that the weekly number of US jobless claims dropped to 216,000 last week, down 13,000 from the previous week.

This data increased investor fears that the strong labor market could cause the Federal Reserve to continue raising its interest rates.

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.

“People were expecting the Federal Reserve to hold (its rate hikes) for the rest of the year, but we may have one or two more rate hikes down the road,” Chris Zaccarelli, director Chris Zaccarelli, said in statements reported by CNBC. Investment Manager of the Independent Advisor Alliance.

By sectors, the greatest gains were for public services and energy, which rose 0.84% ​​and 0.5%, respectively; while the greatest losses were for technology and non-essential goods, with falls of 1.8% and 0.69%.

Among the 30 Dow Jones stocks, the biggest losses were for Apple and Nike (-2.06%), while the biggest gains were for Amgen (1.34%) and Johnson & Johnson (0.33%).