Wall Street opened this Wednesday in mixed territory and the Dow Jones Industrial Average, its main indicator, fell a slight 0.06%, as investors wait to know during the day what the company’s next movements will be. Federal Reserve (Fed).
Ten minutes after the trading floor opened, the Dow Jones stood at 36,557 points, and the selective S&P 500 rose 0.12%, up to 4,649 points.
For its part, the Nasdaq composite market index, in which large technology companies are listed, rose 0.37%, up to 14,586 points.
This Wednesday, investors will have their eyes on the speech of the president of the Federal Reserve (Fed), Jerome Powell.
Experts point out that the central bank will surely leave interest rates unchanged, but investors will analyze Powell’s speech to know what the Fed’s steps will be next quarter.
On Tuesday it was announced that the inflation rate in the United States has continued to moderate and stood at 3.1% in November, one tenth below that of October.
In monthly terms, consumer prices rose only 0.1% compared to October, mainly due to the drop in energy prices.
By sector, the main increases were for technology and communications, which gained 0.55% and 0.22%, respectively, while the biggest decreases were for raw materials and healthcare, which lost 0. .91% and 0.33%.
Among the 30 Dow Jones values, the biggest increases were for Apple (0.78%) and Microsoft (0.73%), and the losses of Walmart (-0.21%) and IMB (-0.15%) stood out. .
Source: Elcomercio
I am John Casanova. I am an author at 24 news recorder and mostly cover economy news. I have a great interest in the stock market and have been writing about it for many years. I am also interested in real estate and have written several articles on the subject. I am a very experienced investor and have a lot of knowledge to share with others.