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Wall Street closes mixed and the Dow Jones drops 0.22% after avoiding the government shutdown

Wall Street closed this Monday in mixed territory and its main indicator, the Dow Jones Industrial Average, fell 0.22%, after the Senate approved in extremis an agreement to avoid the closure of the US Government.

At the end of operations on the New York Stock Exchange, the Dow Jones fell to 33,433.3 points and the selective S&P 500 rose a tiny 0.01%, to 4,288.4 points.

The Nasdaq technology index advanced 0.67% to 13,307.8 units.

The stock market leaned toward caution on this first day of October after recording the worst month of the year for the S&P 500 index and the technology Nasdaq, which recorded accumulated falls of 4.9% and 5.8%.

Without clear movement factors this Monday, investors relied on better-than-expected inflation figures – 3.9% year-on-year – and the agreement reached in the Senate on Saturday to expand the debt ceiling.

By sectors, losses predominated today, led by public service companies (-4.72%), energy (-1.91%) and real estate companies (-1.75%).

Among the Dow Jones listed companies, the drops of 3M (-3.63%), McDonald’s (-2.16%) and Boeing (-2.01%) stood out.

The gains of UnitedHealth (2.06%) and Microsoft (1.92%) stood out.

In other markets, Texas oil lost the level of 90 dollars and at the close of the stock market, the 10-year bond rose to 4.685%, gold fell to 1,843.8 dollars per ounce and the dollar appreciated against the euro, with an exchange rate of 1.0477.

Source: Elcomercio

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