Wall Street opens with losses and the Dow Jones falls 1.06%

NEW YORK, New York.- This Tuesday, the day on Wall Street opened in the red, when the Dow Jones Industrialsits main indicator, fell 1.06%, to stand at 39,148 points.

At the opening

Ten minutes after the opening of the New York Stock Exchangethe selective S&P 500 fell 1.03% and stood at 5,189 points, while the technological Nasdaq It fell 1.50%, to 16,151 integers.

What affects the markets today?

Los inflation data that were announced last week reduced investors’ hopes that it will be possible to carry out cuts in interest rates in the month of June by the Federal Reserve (Fed) of the United States.

He personal consumption expenditure price index (PCE, in English), published last Friday, registered an increase of 0.3% in February compared to the previous month, and 2.8% annualized rate.

In it Business fieldlas Tesla stock They were down almost 6% in early trading after the company released its vehicle production and deliveries report for the first quarter of 2024, which disappointed analysts.

For their part, US health insurers fell on the stock market this morning after the Government announced a cut in reimbursement rates final dates of 2025 for payments of Medicare Advantage health plan (MA).

Among those hardest hit were Humana (-12%), UnitedHealth (-7%) and CVS (-8%).

On the other hand, the 10-year Treasury bond yieldsreference, rose this morning to 4,391%.

By sectors

Losses predominated, led by non-essential goods (-1.76%) and technology (-1.59%), while energy (0.81%), public services (0.39%) and essential goods opened in green. (0.05%).

Related Articles:  Look at the extreme "Moskvich" D3 Turbo

Among the 30 Dow Jones stocks, Chevron (1.13%) and Verizon (0.53%) led the gains, while the losers at this time included UnitedHealth (-6.06%), and Salesforce (-2.35%).

You might also be interested: “Price of the dollar today, Tuesday, April 2, 2024”

#Wall #Street #opens #losses #Dow #Jones #falls
2024-04-26 07:23:36

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.