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

Wall Street opened this Friday in red and the Dow Jones Industrial Average, its main indicator, fell 0.09%, after ending its best month in a year on Thursday.

At the beginning of operations on the New York Stock Exchange, the Dow Jones stood at 35,979 points, and the selective S&P 500 fell 0.25% to 4,565 points.

For its part, the Nasdaq composite market index, in which large technology companies are listed, fell 0.37% to 15,925 points.

Stock values ​​fell slightly at the beginning of this Friday after closing November with very good results, favored by investors’ hopes that the Federal Reserve could lower interest rates next year.

In this sense, the central bank will meet again to discuss interest rates on December 13.

Today, investors are awaiting the statements of the president of the Federal Reserve, Jerome Powell, who will speak at a colloquium at Spelman University, in Atlanta, at 11:00 local time (16:00 GMT).

By sector, losses predominated, especially in the technology sector (-0.56%) and non-essential goods (-0.54%), while the largest increases were in the raw materials sector (0.18% ) and public services (0.17%).

Among the 30 Dow Jones values, the increases in Boeing (0.83%) and Johnson & Johnson (0.65%) and the losses in Intel (-1.96%) and Visa (-0.78%) stood out.

Source: Elcomercio

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