Wall Street opens in red, while investors bet on bonds

Wall Street It opened this Thursday in red and the Dow Jones Industrial Average, its main indicator, fell a slight 0.03%, in an almost flat market.

Five minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 33,541 units and the selective S&P 500 lost 0.17%, up to 4,267 points.

For its part, the Nasdaq market composite index, in which the main technology companies are listed, was the one that fell the most (-0.4%), to 13,040 integers.

In this almost flat market, the rise in ten-year treasury bonds stood out, which this morning were at 4.649% and which in the previous hours reached 4.68%, the highest level seen in fifteen years.

With these data, it seems difficult to reverse the downward trend that marks the monthly close of September (a month traditionally low in movements), with drops in the three indicators, the largest being those of the Nasdaq (above 5%).

Among the reasons for these decreases is that the Federal Reserve (Fed) did not make its next steps clear, but hinted that it will resume the pace of rate increases to curb inflation that is being felt especially in the real estate market and property prices. the mortgages.

By sector, there were slight variations, with only technology (-0.88%) standing out among the bears and healthcare (0.45%) or energy (0.41%) among the bulls.

Among the 30 stocks of the Dow Jones, the same poor climate, with the largest decrease for IBM (-1.36%) and Apple (-0.94%) and the largest increases for United Health (1.14%) and Disney ( 1.23%).