Home » Business » Wall Street opens in green, driven by technology – 2024-05-03 20:26:25

Wall Street opens in green, driven by technology – 2024-05-03 20:26:25

Wall Street It opened this Monday in green and the Dow Jones Industrialsits main indicator, rose 0.27% to 38,341 points, driven by the advances in technological stocks.

Ten minutes after the trading floor opened, the selective S&P 500 rose 0.25% to 5,112 points, and the technological Nasdaq rose 0.21% to 15,961 points.

This morning the rise of Tesla by 11%, after its CEO, Elon Muskit is announced that China has removed restrictions placed on its vehicles by exceeding the country’s data security requirements.

The news raised investor expectations over the possibility that Tesla’s Full Self-Driving (FSD) driver assistance software could soon be available in the Asian country.

For its part, Apple advanced 3.8% after an improvement in its rating by the firm Bersnteiny Domino’s Pizza rose 3.6% after reporting earnings per share that exceeded analyst expectations.

This week the quarterly results of Apple, Amazon, McDonald’s y Coca Colaamong other.

In addition, the market is attentive to the next interest rate decision from the Federal Reserve, which will be announced on Wednesday, although the prospect of cuts is receding.

By sector, gains predominated, led by non-essential goods (1.7%) and public services (1.26%), while the only one that opened in red was communication (-1.51% ).

Among the thirty listed companies in the Dow Jones, the increases in Apple (3.8%) and Verizon (1.66%) stood out, and the losses in Intel (-1.84%) and Microsoft (-1.41%). EFE (I)

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