Wall Street opens mixed and focuses once again on the direction of interest rates

Wall Street opened this Monday in mixed territory, while investors remain attentive to the direction of interest rates around the world and await this week’s meetings of the central banks of Switzerland, the United Kingdom and Norway.

Ten minutes after the opening of the trading floor, the Dow Jones Industrials fell 0.35%, to 38,452 points; The selective S&P 500 fell 0.10%, to remain at 5,426 units, and the technological Nasdaq It advanced a slight 0.02%, up to 17,692 integers.

Interest rates are once again the focus of the market this week, and in the United States traders await comments from Treasury officials. Federal Reserve (Fed)which last Wednesday kept rates stable again.

On Sunday, Minneapolis Fed President Neel Kashkari said it was “reasonable” for the regulator to wait until December to make the first cuts.

At the corporate level, the technology giants amazonAlphabet and Meta fell around 1% in the early stages of the stock market, while Nvidia – the ‘pretty girl’ of Wall Street – fell 0.54%.

Microsoft, Manzana and Nvidia -in this order- they are now fighting for first place in the classification of companies with the highest value in the market; The three companies exceed $3 trillion in market capitalization, with such slight differences that the ‘podium’ can change at any time.

By sector, losses predominated, led by real estate (-1.04%) and public services (-0.96%), while only technology opened in green (0.49%). Among the 30 Dow Jones stocks, Walt Disney (1.62%) and Apple (0.59%) led the advances, and the biggest losses were for Cisco (-1.25%) and Verizon (-1.21%). .

Meanwhile, the yield on the benchmark 10-year Treasury bond advanced to 4.281%. In other markets, Texas oil (WTI) opened this Monday with a rise of 0.75%, up to $79.04 a barrel, after the International Energy Agency (IEA) revised its demand outlook downwards. world crude oil due to weak demand from China.