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Wall Street opens mixed and the Dow Jones falls 0.12%

Wall Street opened this Monday in mixed territory and the Dow Jones Industrial Average, its main indicator, fell 0.12%, on the first day after the Senate approved in extremis an agreement to avoid the closure of the US Government.

Five minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 33,467 units and the selective S&P 500 fell a slight 0.05%, to 4,286 points.

For its part, the Nasdaq market composite index, in which the main technology companies are listed, was the only one that progressed, in its case by 0.23%, to 13,249 integers.

Friday’s data – which revealed better-than-expected inflation of 3.9% year-on-year – together with the agreement reached in the Senate on Saturday to extend the debt ceiling, are not currently having the expected rebound effect, although there will be We have to wait as the day progresses and see possible trend changes.

On Friday, Wall Street ended a month of September with losses induced above all by that fear of the Government closure and the undissipated concern about inflation: it was the worst month of the year for the S&P 500 index and for the technological Nasdaq index, which registered falls 4.9% and 5.8%, respectively. The Dow Jones Industrial Average fell 3.5%.

By sector, losses predominated, and particularly those of public services (-2.59%) and energy (-1.62%).

Among the 30 Dow Jones values, the drops of 3M (-2.41%), Nike (-1.66%) and McDonalds (-1.2%) stood out; In green were Apple (1.37%) and Cysco (0.8%) above the others.

Source: Elcomercio

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