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Wall Street opens in green and the Dow Jones, its main indicator, rises 0.92%

Wall Street It opened this Monday in green and the Dow Jones Industrial Average, its main indicator, rose 0.92%, up to 38,331 points.

Four minutes after the opening of the trading floor, the selective S&P 500 rose by 0.71%, to remain at 5,160 integers, and the technological Nasdaq It also gained 0.38%, up to 16,237 units.

For its part, the yield on the 10-year Treasury bond It also rose, up to 4.61%.

According to analysts, today’s upward trend is due to the latest retail sales figures, which have outweighed the war drums coming from the Middle East, although they were heard louder on Saturday – after the attack by Iran with drones and missiles – and today they seem attenuated.

Texas oil also showed a bearish behavior this morning, against all forecasts.

Today the group Goldman Sachs presented quarterly results that were 28% more than the first quarter of 2023; In pre-Wall Street hours, its shares appreciated by 5.70%.

On the other hand, investors remain concerned about the rise in inflation in March, which moved away from the Federal Reserve’s (Fed) 2% target and thus reduces hopes that there will be an interest rate cut soon.

In the sectors, everything was green numbers, highlighting the increases in financials (1.57%) and raw materials (1.27%).

In the Dow 30 index, in addition to Goldman Sachs, the gains of IBM (2.35%) and JP Morgan (2.25%) stood out; among those that fell, Salesforce (-3.76%) and Apple (-1.41%).


EFE Agency

Agencia EFE is a Spanish international news agency that distributes information to more than two thousand media outlets around the world in the written press, radio, television and internet. It has a network with more than three thousand journalists of 60 nationalities. It operates 24 hours a day from at least 180 cities in 110 countries.

Source: Elcomercio

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