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Wall Street Closes in the Green as Dow Jones Rises and Investors Watch Nvidia’s AI Results

Wall Street closed this Wednesday in green and the Dow Jones de Industriales, its main indicator, rose 0.54%, in a day where all eyes are on the results of Nvidia and its role in the “boom” of the Artificial intelligence (IA).

At the end of the operations in the NYSEhe Dow Jones It rose to 34,472 points, while the selective S&P also advanced 1.10%, up to 4,436 integers.

He composite index of the mercado Nasdaq, which brings together the technologicalwas the one that rose the most – there have been three consecutive days of increases -, scoring a gain of 1.59%, up to 13,721 units.

Investors take positive results for granted Nvidiathe AI ​​giant, which today communicates its quarterly results.

The losses observed in the footwear sector and the sportswear: Foot Locker’s bump (-28.06%) dragged Nike (-2.68%), Adidas (-3.30%) and Puma (-3.75%) to losses.

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“I think nothing matters now more in the short term than the results of Nvidia -said to the channel CNBC the head of investments of Gratus Capital, Todd Jones – because obviously the story of weak production and high consumption numbers doesn’t necessarily rhyme with the direction the market is taking. mercado“.

By sectorsexcept the energetic (-0.3%) all traded higher, significantly led by technology (1.92%) and real estate (1.43%).

Between the 30 listed of the Dow Jones green numbers predominated, led by Merck (3.8%), Intel (3.31%) and Apple (2.19%); in red, the fall of Nike and that of Johnson & Johnson (-0.9%) stood out.

In others mercadoyes, the Texas oil dropped to 78.89 Dollars the barrel, the ten year bond fell to 4.192% and at the close of the stock market the oro rose to 1,945.6 dollaris the ounce, while the dollar it lost ground against the euro, with a change of 1.0861.

2023-08-24 02:49:00
#Wall #Street #closes #green

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