Wall Street opens in green on the day of weak consumer data

Wall Street It opened this Tuesday in green, although with slight gains, with investors awaiting today the latest retail consumption figures, which have turned out to be weaker than expected.

Six minutes after the opening of the trading floor, the Dow Jones Industrials, the main indicator, advanced 0.19%, up to 38,853 points; The selective S&P 500 gained 0.21%, up to 5,484 units, and the technological Nasdaq rose a slight 0.09%, up to 17,872 points.

Retail consumption grew by a timid 0.1% in May, when 0.2% was forecast in the corridors of Wall Street, and in the year-on-year calculation it has grown by 2.3%.

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 once again kept rates stable and opened the door to a single drop in the coming months.

On Sunday, the president of the Fed in Minneapolis, Neel Kashkari, cooled expectations by considering it “reasonable” for the regulator to wait until December to make the first cuts.

By sector, gains predominated, with energy (1.59%) leading gains, above real estate (0.53%); Among those that lose, non-essential goods (-0.41%) and communications (-0.37%) stand out.

Among the 30 values ​​of the Dow Jones Chevron (1.64%) and Home Depot (1.5%) lead the gains, while the losers include Boeing (-1.64%) and Amazon (-0.75%).

Meanwhile, and following the usual trend contrary to stock market indices, the yield on the benchmark 10-year Treasury bond fell to 4.246%.

In other markets, Texas oil (WTI) opened this match with a rise of 0.48%, remaining above the barrier of 80 dollars (80.81) that it reached on Monday after several weeks.

The apparent strength of Texas continues despite the fact that the International Energy Agency (IEA) revised downwards its outlook for global crude oil demand due to the weakness in demand from China, the world’s main importer.