Home » Business » Wall Street opens in red the Dow Jones lost 0.33% – 2024-02-23 00:15:26

Wall Street opens in red the Dow Jones lost 0.33% – 2024-02-23 00:15:26

In a photograph taken on October 2, 2014, the facade of the New York Stock Exchange is seen. (AP Photo/Richard Drew, File)

Wall Street opened this Friday in red and the Dow Jones Industrialsits main indicator, lost 0.33% in these early stages.

Three minutes after the trading floor opened, the Dow Jones stood at 38,731 points, and the selective S&P 500 – which broke a new closing record on Thursday – fell 0.18% to 5,037 points.

For its part, the Nasdaq market composite index, in which large technology companies are listed, lost 0.18%, to 15,878 units.

This morning the production price index was released in January, which increased by 0.3% when projections placed this increase at only 0.1%, which seems to abound in fears of more persistent inflation than expected and Consequently, they once again delay expectations of a drop in interest rates.

Along these same lines, the global inflation known on Tuesday was placed at 3.1% in January, while analysts predicted a better figure (2.9%), another piece of information that may weigh on the Federal Reserve’s decisions on The types.

By sector, losses predominated, the most pronounced being communications (-1.31%) and real estate (-1.13%); In green, the rise in raw materials stood out (0.62%).

Among the 30 stocks in the Dow Jones, the bad news of the day was the announcement of layoffs at Nike involving 2% of its workforce, which caused its shares to fall by 3.73%.

Other downward values ​​this morning were Intel (-1.36%) and Amgen (-1.13%), while among those pointing up only Caterpillar (0.69%) and Dow (0.53) stood out. %). EFE (I)

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