Home » Business » Wall Street opens on mixed ground – 2024-04-09 23:12:48

Wall Street opens on mixed ground – 2024-04-09 23:12:48

In this image from Wednesday, December 21, 2016, the New York Stock Exchange is seen. US stocks closed on Thursday, August 17 with the biggest drop on Wall Street in the last three months. (AP Photo/Mark Lennihan, File)

Wall Street It opened this Wednesday in mixed and the Dow Jones Industrialsits main indicator, rose a slight 0.02%, to stand at 39,178 points.

Twenty minutes after the trading floor opened, the selective S&P 500 fell 0.05% to 5,203 points, while the technological Nasdaq fell 0.33% to 16,186 points.

The national employment report in USA released today showed that private payrolls grew more than expected in March, pushing up 10-year Treasury yields to 4.425%.

Investors are still awaiting the next steps of the Reserva Federal (Fed)which keeps interest rates at their highest level in two decades due to persistent inflation.

Depending on the tool FedWatch of CME Grouptraders see a 94% chance of rates remaining unchanged at the regulator’s next monetary policy meeting in May.

At the corporate level, Intel fell more than 6% in the early stages of the stock market after reporting losses of 7 billion dollars in its semiconductor manufacturing business, and Tesla It opened today with a decline of 1%.

By sector, industrial (0.44%) and raw materials (0.41%) led the gains, while non-essential goods (-0.55%) and public services (-0.41%) opened in the red. 0.48%).

Among the 30 Dow Jones stocks, they led the gains Caterpillar (1,34 %) y Merck (1.01%), while the losers at this time include Intel (-6,76 %), y Procter (-0,98 %). EFE (I)

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