Wall Street opens with losses and the Dow Jones falls 0.28%

NEW YORK, New York.- The working day from this Monday in Wall Street opened in Red numberswhen the Dow Jones Industrialsits main indicator, fell 0.28%, while investors wait new data on inflation that will be published this week.

At the opening

Three minutes following the opening of the New York Stock Exchangehe Dow Jones stood at 38,614 points, and the selective S&P 500 It fell 0.21%, to 5,113 integers.

The Composite Market Index Nasdaqwhere the main technology companies are listed, fell a slight 0.08%, to 1,072 units.

What affects the markets today?

Operators have their eyes on the consumer and producer price index of February that will be published on Tuesday and Thursday, respectively, and that will give clues regarding the direction of the interest rates set by the Federal Reserve (Fed).

Given the increase in unemployment rate and lower-than-expected wage growth last month, some analysts believe the central bank might begin to ease its monetary policy.

“We expect the Federal Reserve to hold off until it sees at least three consecutive months of lower underlying services inflation,” the analyst told CNBC. Mike Dicksonof Horizon Investments.

By sectors

Losses dominated, led by the industrial sector (-0.55%) and the financial sector (-0.41%), while the largest gains were for the materials sector (0.31%) and the essential goods sector (0.26%).

Among the 30 Dow Jones stocks, the gains of Apple (1.67%) and Nike (1.62%) stood out, and the losses of Boeing (-2.19%) and Caterpillar (-1.15%).

You might also be interested: “Price of the dollar today, Monday, March 11, 2024”

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2024-04-09 07:24:07

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