Wall Street opened this Thursday in green and the Dow Jones Industrials, its main indicator, rose 0.34%, to 38,031 points.
Ten minutes after the trading floor opened, the selective S&P 500 rose 0.45%, to 5,040 units, and the technological Nasdaq advanced 0.74%, to 15,721 points.
The market opened in green after yesterday Federal Reserve (Fed) kept interest rates at their current range, the highest in 23 years, citing a “lack of further progress” toward its 2% inflation target.
Now, most investors believe that the rate cut It won’t arrive until at least September, according to CME Group’s Fedwatch tool.
At the corporate level, companies will publish their quarterly results at the close of the stock market. Apple and Amgen.
By sector, the technology (1.08%) and energy (1.07%) led the gains, while the largest losses were for the raw materials sector (-1.14%) and the health sector (-0 ,fifteen %).
Among the 30 stocks in the Dow Jones, the advances of Apple (1.72%) and Amazon (1.67%) stood out, and the declines of Johnson & Johnson (-0.99%) and Honeywell (-0.84%) stood out. ).
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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.