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Wall Street opens in green and the Dow Jones rises 0.39% this Monday, May 6

Wall Street The week started in green and Dow Jones Industrialsits main indicator, rose 0.39%, up to 38,826 points.

Ten minutes after the opening of the trading floor, the selective S&P 500 rose 0.58%, to 5,157 units, and the technological Nasdaq It advanced 0.58%, up to 16,250 points.

Wall Street got May off to a good start last week thanks to the latest report on the labor market in the United Stateswhich has been weak and has given reasons for optimism to investors from one day to the next, and also to the momentum of the country’s large companies.

Last week, the 1.26% advance of the Nasdaq index stood out, driven by giants like Apple, which has gained a cumulative 8% after announcing its largest share buyback and a dividend increase that has eclipsed its quarterly results, within the estimated.

While the Dow Jones Industrial Last week it added 1.18% accumulated and the S&P 500, 0.55%.

Investors will receive more clues today about the US Federal Reserve’s (Fed) future actions on Monday, as Richmond Fed President, Tom Barkinand the president of the New York Fed, John Williams.

Although the peak of business results has already passed, investors will be attentive this week to the results of Disney, which will publish its results tomorrow, and those of Uber, which will publish them on Wednesday.

By sector, the only one in red was non-essential goods (-0.11%) and the highest gains were for energy (1.19%) and industrial (0.85%).

Among the 30 Dow Jones values, the fall of Amgen (-3.06%) and Apple (-0.63%) stood out, and the rises of Chevron (1.34%) and Watl Disney (-1.32%) stood out. .

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Source: Elcomercio

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