Wall Street closes in green and the Dow Jones rises 0.13%

Wall Street closed this Monday in green and its main indicator, the Dow Jones Industrial Average, rose 0.13% in a market rebound after the bad streak linked to the Federal Reserve’s decision on interest rates.

At the end of trading on the New York Stock Exchange, the Dow Jones stood at 33,006.9 points, and the selective S&P 500 rose 0.40% to 4,337.4 points.

The Nasdaq index, which groups together technology companies, rose 0.45% to 13,271.3 units.

The stock market seemed to perk up after four days of risk aversion linked to the prospect of a longer high interest rate environment in the United States, after the central bank dictated a pause in monetary policy.

Investors are awaiting a new batch of data this week – the last of a rather negative month – including the second quarter GDP reading and surveys on consumer spending and inflation.

By sector, gains predominated and were led by energy (1.28%), basic materials (0.8%) and non-essential goods (0.67%) companies, while the most affected were essential goods companies. (0.43%).

Among the 30 companies in the Dow Jones, the advances of Dow Inc (1.65%), Chevron (1.47%) and Honeywell (1.10%) stood out compared to the declines of 3M (-2.31%) and Coca-Cola (-1.06%), among others.

In other markets, Texas oil rose to $89.68 per barrel, and at the close of trading the 10-year bond rose to 4.542%, gold fell to $1,934.8 per ounce and the dollar gained ground against the euro, with an exchange rate of 1.0591.