Wall Street opens with gains, while the Dow Jones rises 0.03%

NEW YORK, New York.—The day on Wall Street opened this Tuesday in green, when the Dow Jones Industrialsits main indicator, rose a slight 0.03%, to 38,906 points, while investors wait for new inflation data.

At the opening

Fifteen minutes following the opening of the New York Stock Exchangethe selective S&P 500 rose 0.27%, to remain at 5,216 points, and the technological Nasdaq It rose 0.52%, up to 16,338 integers.

What affects the markets today?

This week, investors await the publication of the Consumer price index (IPC) in search of more clues regarding the date on which the expected rate cuts from Federal Reserve (Fed).

“If the CPI is a surprise and continues to revalue inflation expectations, that’s where it becomes dangerous for stocks,” he told CNBC. Anastasia Amorosochief investment strategist at the firm iCapital.

New chip based on Arm technology

At the business level, the Alphabet stockGoogle’s parent company, rose more than 1% following announcing at a conference a new chip based on the Arm technologywhich will be available at the end of the year, according to CNBC.

On the other hand, the 10-year bond yield fell this morning to 4.38%.

By sectors

Gains predominated, led by communication (0.64%) and real estate (0.54%), while the only losses were for financial (-0.26%) and industrial (-0.09%).

In the Dow 30 index, the rise of Cisco (0.95%) and Dow (0.78%) stood out, while the biggest losses were for Intel (-1.12%) and JPMorgan (-0.92%).

You might also be interested: “Price of the dollar today, Tuesday, April 9, 2024”

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2024-05-03 01:48:35

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