Home » today » Business » Wall Street opened this Friday on mixed ground – 2024-02-14 07:59:13

Wall Street opened this Friday on mixed ground – 2024-02-14 07:59:13

This July 16, 2017, file photo shows a Wall Street sign outside the New York Stock Exchange. Shares of banks and other companies rose on Friday, August 4, 2017, after the government reported more hiring last month, the latest sign that the economy is on the right track. (AP Photo/Mark Lennihan/File)

Wall Street opened this Friday on mixed ground, on a day in which the selective S&P 500 index once again rose above 5,000 points, a barrier that it briefly surpassed on Thursday although it was not maintained at closing time.

Five minutes after the trading floor opened, the S&P 500 gained 0.13%, which allowed it to stand at 5,004.48 points.

The Dow Jones Industrial Average, considered the main index of the New York stock market, lost a slight 0.05% to stand at 38,707.83 points.

(Photo by David Dee Delgado/Getty Images)

He Nasdaqin which large technology companies are listed, rose at dawn, with a gain of 0.33%, and stood at 15,845.07 points.

The three indices are on track to close a week of gains – it would be the fifth in a row -, spurred by data from the US Government that inflation in December was only 0.2%, when it was expected to reach 0.3% .

Regarding the importance of the S&P 500 exceeding the figure of 5,000, the portal MarketWatch This Friday, he considers it a more psychological factor than an objectively economic one, since he recognizes that for analysts the most relevant and most followed index is the Dow, “the true yardstick of the New York stock market for the general public.”

The portal emphasizes that if the S&P 500 remains above 5,000 at today’s close, it will have taken 719 days of trading to add 1,000 points, from its quota of 4,000 achieved in 2021, and in everything it warns about the frequent factors of « correction” that push these indices downward after momentarily touching a ceiling.

By sector, early in the morning the variations were predominant, they were also minimal and none of them exceeded 1% in variation, neither positive nor negative.

Among the 30 stocks in the Dow Jones, it stood out among the losers Disney (-2.22%), which seems to retreat after yesterday’s ‘rise’, and the drops in Coca Cola (-1,2 %) y Amgen (-1.09%); Among the winners, only the technological ones stand out: Intel (0,82 %), IBM (0,75 %) y Microsoft (0,63 %). EFE (I)

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