Wall Street opens in green and the Dow Jones rises 0.39%

Wall Street opened this Friday in green and the Dow Jones Industrial Average, its main indicator, rose 0.39% amid optimism due to new favorable data on inflation.

Five minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 33,797.9 units and the selective S&P 500 rose 0.63%, up to 4,326.8 points.

For its part, the Nasdaq composite market index, in which the main technology companies are listed, rose 1.05%, up to 13,340.4 integers.

The New York stock market began the day optimistic after receiving better-than-expected data on inflation in the US, from the personal consumption expenditure price index, which follows the Federal Reserve.

The index in August rose 3.9% year-on-year and 0.1% compared to the previous month.

The good reception of the data also affected public debt, where the yield on the 10-year Treasury bond, which rose to 15-year highs this week, relaxed today at 4.518%.

However, everything indicates that investors will close the week, the month and the quarter with losses today.

The month of September, which is traditionally weak, currently accumulates losses of 3% in the Dow Jones, 4.6% in the S&P 500 and 6% in the Nasdaq.

By sector, profits predominated and were led by non-essential goods and technology companies, above 1%.

Among the 30 stocks in the Dow Jones, Nike’s rise stood out (9%) in reaction to quarterly results that exceeded expectations.

In addition to Walgreens (3%), technology companies Salesforce, Intel and Microsoft rose above 1%.