Wall Street opens in red and the Dow Jones falls 0.17%

Wall Street opened in red and the Dow Jones Industrial Average, its main indicator, fell 0.17%, when investors are waiting to see what the next steps of the Federal Reserve (Fed) will be.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 34,565 units and the selective S&P 500 was down 0.18%, up to 4,445 points.

For its part, the Nasdaq market composite index, in which the main technology companies are listed, fell 0.34%, to 13,667 points.

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

The Fed is not expected to raise interest rates this week, as traders estimate there is a 99% chance the central bank will avoid the hike this time around, according to CME Group’s FedWatch tool.

The stock market is watching the rise in oil prices with concern, as West Texas Intermediate (WTI) crude oil prices this week reached their highest levels since last summer, with an increase of almost 30% so far in the third quarter.

Rocket Lab shares fell after the company suffered its first failed launch in more than two years early Tuesday.

By sector, the largest increases were for energy and raw materials, which added 0.56% and 0.34%, respectively. While the greatest losses were for non-essential goods and essential goods, which fell by 0.58% and 0.43%.

Among the 30 Dow Jones stocks, the biggest losses were for Walt Disney (-2.53%) and UnitedHealth (-0.99%), while the biggest gains were for Caterpillar (0.88%) and Chevron (0.99%). 79%).