Wall Street opens in green and the Dow Jones advances by 0.19%

NEW YORK, New York.- This Tuesday, the day on Wall Street opened in the green, albeit with slight gains, while investors are awaiting the latest figures from retail consumptionwhich have turned out to be weaker than expected.

At the opening

Six minutes following the opening of the opening of the New York Stock Exchangehe Dow Jones Industrial Averagethe main indicator, advanced 0.19% to 38,853 points; the selective S&P 500 gained 0.21% to 5,484 units, and the technology Nasdaq rose a slight 0.09% to 17,872 points.

What is affecting the markets today?

He retail consumption grew by a timid 0.1% in May, when 0.2% was forecast in the corridors of Wall Street, and in the interannual calculation it has grown by 2.3%.

Los interest rates are back in the market spotlight this week, with U.S. traders awaiting comments from U.S. officials. Federal Reserve (Fed), which on Wednesday once more kept rates stable and opened the door to only one rate cut in the coming months.

On Sunday, the president of the Fed and Minneapolis, Neel Kashkaricooled expectations by considering it “reasonable” that the regulator waited until December to make the first cuts.

By sectors

Gains predominated, with energy (1.59%) leading the gains, above real estate (0.53%); among the losers, non-essential goods (-0.41%) and communications (-0.37%) stood out.

Among the 30 Dow Jones stocks, Chevron (1.64%) and Home Depot (1.5%) led the gains, while Boeing (-1.64%) and Amazon (-0.75%) stood out among the losers.

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, the Texas oil (WTI) opened this month with a rise of 0.48%, staying above the $80 barrier (80.81) that it reached on Monday following several weeks.

The apparent strength of Texas remains despite the fact that International Energy Agency (IEA) will revise down its outlook for global crude oil demand due to weak demand from China, the world’s largest importer.

You may also like: “Dollar price today, Tuesday, June 18, 2024”

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2024-07-06 10:00:16

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