Wall Street opens in red and the Dow Jones falls 0.09%

Wall Street opened this Monday in red and the Dow Jones Industrial Average, its main indicator, fell 0.09% with the market pending the implications of the conflict in the Middle East.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 33,377 units.

The selective S&P 500 lost 0.35%, to 4,239 points, and the Nasdaq index fell 0.90%, to 13,310 points.

The New York stock market began the week following the evolution of the new war between Israel and the Palestinian Territories after on Saturday Palestinian militias led by the Islamist group Hamas attacked Israel by surprise from Gaza.

The increase in geopolitical tensions in the region has already translated into a rise in international oil prices, which this morning moderated around 3% for barrels of Texas (about $85) and Brent (about $87). ).

The Vix index, known as the fear indicator, soared 6.7% in the first hour.

Investors were nervous last week about the sharp rise in 10-year Treasury yields, but this Monday the debt market is closed for the US Columbus Day holiday.

The beneficiaries of this volatile session linked to the conflict in the Middle East are defense and energy companies: Loockheed Martin soared 8%, Northrop 9.5%, Exxon Mobil rose 2.8% and Chevron 2%.

By sectors, the gain of energy companies (2.6%) stood out compared to the widespread losses led by non-essential goods (-1.39%) and financial (-0.79%) firms.

Among the 30 listed companies in the Dow Jones, the most affected were Walmart (-1.71%) and Coca-Cola (-1.24%).