Wall Street closes in green and the Nasdaq rises 0.81%

Wall Street closed this Thursday in green and the Nasdaq composite market index, which groups together technology companies, rose 0.81%, following the IPO of the British technology company Arm, which achieved good results.

At the end of operations on the New York Stock Exchange, the Nasdaq stood at 34,910 points, while the Dow Jones Industrial Average rose 0.97% to 34,910 units.

For its part, the selective S&P 500 rose 0.85%, up to 4,505 points.

The sale of Arm shares is the largest technology offering of the year, according to the CNBC network, which believes that the success of its IPO can give wings to the capital markets.

The company closed up 24.69% and hit $63.59 per share.

However, US inflation data released yesterday show that the indicator rose in July for the second consecutive month in year-on-year terms, to 3.7%, after months of declines.

In monthly terms, consumer prices rose 0.6% compared to July.

Analysts point out that behind the rise is the recent increase in energy prices but they clarified that it is most likely that the Federal Reserve (Fed) will keep interest rates in the same range at its next meeting, next week. .

By sector, all closed in green, with the highest gains for real estate (1.71%) and public services (1.48%).

Among the 30 Dow Jones companies, the biggest losses were for Visa (-2.55%) and Johnson & Johnson (-0.15%), while the most favored were Goldman Sachs (2.86%), Walgreens (2 .65%) and Caterpillar (2.41%).

In other markets, Texas oil rose to $90.45 per barrel, and at the close of trading the 10-year bond grew to 4.292%, gold fell to $1,930.3 per ounce and the dollar gained ground against the euro, with an exchange rate of 1.0641.