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Wall Street opens mixed and the Dow Jones rises 0.13% this Monday, April 8

Wall Street opened this Monday on mixed terrain and the Dow Jones Industrials, its main indicator, rose 0.13% to 38,955 points.

Ten minutes after the opening of the trading floor, the selective S&P 500 fell 0.07%, to 5,200 units, and the technological Nasdaq It fell 0.16% to 16,223 integers.

The market is coming off a volatile week, with investors worried about several disappointing economic reports, inflation that drove up the price of crude oil and geopolitical tensions, especially the conflict between Iran and Israel, the analyst notes. Tom Essaye in your report The Sevens Report.

At the corporate level, Tesla shares rose more than 4% after last Friday Elon Musk, its CEO, announced that the company will put a ‘robotaxi’ on sale.

Investors are awaiting more reports on inflation, which will be published later this week and will give clues about the direction of interest rates, set by the Federal Reserve (Fed).

On the other hand, the yield on the 10-year bond rose to 4.43%.

By sector, gains predominated, led by real estate (0.6%) and the non-essential goods sector (0.58%), while the greatest losses were for technology (-0.58%) and the health (-0.44%).

In the Dow 30 index, the rise of 3M (1.58%) and Honeywell (0.98%) stood out, while Salesforce (-0.67%) and Visa (-0.62%) fell.

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Source: Elcomercio

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