Wall Street leaves losses in October

Wall Street closed this Tuesday in green and its main indicator, the Dow Jones Industrial Average, rose 0.38%, although October leaves widespread losses in the stock market.

At the end of operations on the New York Stock Exchange, Dow Jones rose to 33,053 units, while the selective S&P 500 advanced 0.65%, to 4,194 points.

The Nasdaq index, in which large technology companies are listed, rose 0.48%, up to 12,851 units.

The main indicators have already chained three consecutive months of losses at a time of strong geopolitical tension as two open wars coincide, in Gaza and Ukraine.

Internally, on Wednesday the Federal Reserve over two days, but will most likely leave interest rates unchanged on Wednesday.

The yield on the 10-year Treasury bond rose again today, to 4.909%.

This Thursday, Apple’s results will complete the overview of the “Big Tech” group, which includes Amazon, Alphabet, Meta and Microsoft, while the monthly labor market report is expected on Friday.

According to analysts, November is a good month for the markets, with days of strong consumption such as Black Friday, one of the retail shopping peaks of the year in the United States and which is usually taken as a thermometer of economic confidence.

All sectors advanced today, led by real estate (2.03%), financial (1.09%) and public services (0.86%).

Among the 30 stocks in the Dow Jones, there were few losses but those of Caterpillar stood out (-6%), which published results today that did not convince investors.

The biggest gains were for Boeing (2.46%), Intel (2.27%) and Honeywell (1.95%).

In other markets, Texas oil fell to $81.02 per barrel, and at the close of trading, gold fell to $1,994 per ounce and the dollar gained ground against the euro, with an exchange rate of 1.0582.