Wall Street opens in green and the Dow Jones rises 0.7%

Wall Street opened this Monday in green and the Dow Jones Industrial Average, its main indicator, rose 0.7%, with investors awaiting the business results of giants such as Johnson & Johnson, Bank of America or Netflix, which will be published this week. week.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 33,907 units and the selective S&P 500 added 0.63%, up to 4,355 points.

For its part, the Nasdaq market composite index, in which the main technology companies are listed, grew by 0.67%, up to 13,497 integers.

Last Friday, banks JPMorgan Chase, Wells Fargo and UnitedHealth kicked off the financial earnings season by posting earnings above expectations, boosting gains on Wall Street.

Still, instability in the Middle East and rising oil prices may contribute to exacerbating volatility in the markets.

Investors will be watching the US Federal Reserve, which will have to make a decision on interest rates in November.

The latest inflation data point to a persistence of the indicator somewhat higher than expected, although investors remain confident that the central bank will maintain rates at their current range, between 5.25 and 5.5%, according to the tool. CME Group FedWatch.

By sectors, green reigned and the greatest gains were for the technological and industrial sectors, which rose 0.79% and 0.78%, respectively.

Among the 30 Dow Jones stocks, the biggest gains were for Intel (1.47%) and Cisco Systems (1.43%). The biggest losses were for Apple (-0.63%) and Boeing (-0.33%).