Wall Street opened this Monday in red and the Dow Jones Industrialsits main indicator, fell 0.28%, as investors wait for new inflation data to be published this week.
Three minutes after the trading floor opened, the Dow Jones stood at 38,614 points, and the selective S&P 500 fell 0.21% to 5,113 points.
The composite index of the Nasdaq market, where the main technology companies are listed, fell a slight 0.08%, to 16,072 units.
Operators have their eyes on the consumer and producer price index for February, which will be published on Tuesday and Thursday, respectively, and which will give clues about the direction of the interest rates set by the Reserva Federal (Fed).
With the unemployment rate rising and wage growth lower than expected last month, some analysts believe the central bank could begin to ease its monetary policy.
“We expect the Federal Reserve to hold off until it sees at least three consecutive months of lower core services inflation”Horizon Investments analyst Mike Dickson told CNBC.
By sector, losses dominated, led by the industrial sector (-0.55%) and the financial sector (-0.41%), while the largest gains were for the materials sector (0.31%) and the manufacturing sector. essential goods (0.26%).
Among the 30 Dow Jones stocks, the gains of Apple (1.67%) and Nike (1.62%) stood out, and the losses of Boeing (-2.19%) and Caterpillar (-1.15%). EFE (I)
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