Home » Business » Wall Street opened this Thursday with gains – 2024-05-08 03:59:07

Wall Street opened this Thursday with gains – 2024-05-08 03:59:07

In this Oct. 7, 2016 photo, a statue of George Washington is seen on Wall Street in New York. The main US stock market indices closed with losses on Tuesday, October 11, 2017 (AP Photo/Mark Lennihan)

Wall Street opened this Thursday in green and the Dow Jones Industrialsits main indicator, rose 0.34%, to 38,031 points.

Ten minutes after the trading floor opened, the selective S&P 500 rose 0.45%, to 5,040 units, and the technological Nasdaq advanced 0.74%, to 15,721 points.

The market opened in green after yesterday Reserva Federal (Fed) kept interest rates at their current range, the highest in 23 years, citing a “lack of further progress” towards its 2% inflation target.

Now, most investors believe the rate cut won’t come until at least September, according to the tool Fedwatch of CME Group.

At the corporate level, companies will publish their quarterly results at the close of the stock market. Apple y Amgen.

By sector, the technology (1.08%) and energy (1.07%) led the gains, while the largest losses were for the raw materials sector (-1.14%) and the health sector (-0 ,fifteen %).

Among the 30 stocks in the Dow Jones, the advances of Apple (1.72%) and Amazon (1.67%) stood out, and the declines of Johnson & Johnson (-0.99%) and Honeywell (-0.84%) stood out. ). EFE (I)

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