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Wall Street opens in green and the Dow Jones rises 0.14%

Wall Street opened this Friday in green and the Dow Jones Industrial Average, its main indicator, rose 0.14%, with investors returning to buying shares after a beginning of the year in which the market has trended downward.

Ten minutes after the trading floor opened, the Dow Jones stood at 37,519 points, and the selective S&P 500 rose 0.14%, up to 4,787 points.

The Nasdaq composite market index, in which large technology companies are listed, rose 0.35%, up to 15,107 units.

Technology stocks opened higher today, continuing the gains they made yesterday after Bank of America raised Apple’s share price and indicated the company could benefit this year from the technological evolution of artificial intelligence.

Apple started the year plunging more than 5% due to a low rating from two financial firms.

At the opening of the stock market, the rise of the insurer Travelers by 6.1% stood out, after publishing that it had higher profits than expected in the last quarter of 2023.

For its part, the yield on the benchmark ten-year Treasury bond rose to 4.169%.

By sector, the gains in the communication sector (0.89%) and the technology sector (0.73%) stood out, while the greatest losses were in the essential goods sector (-0.63%) and the raw materials sector. (-0.47%).

Among the 30 Dow Jones stocks, Travelers (6.1%) and McDonald’s (1.24%) led the gains, while the losses of Walgreens (-2.53%) and Goldman Sachs (-1.01%) stood out. ).

Source: Elcomercio

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