Home » News » Ahead of Fed meeting, New York Stock Exchange ‘breathes’ with arrival of Spring on Wall Street.

Ahead of Fed meeting, New York Stock Exchange ‘breathes’ with arrival of Spring on Wall Street.

Wall Street maintains its positive trend this Tuesday morning. Market participants will be attentive to the beginning of the Federal Reserve monetary policy meeting (Fed) of the United States and less uncertainty about the banking system.

The greatest advance is recorded by the technological index Nasdaq with an increase of 0.88 percent, in the 11 thousand 781 integers, followed by the S&P 500 with an increase of 0.80 percent, at 3,982 points and the industrial Dow Jones with an advance of 0.60 percent, with 32 thousand 437 units.

“Worldwide stock markets present mostly positive movements, after knowing a modest economic agenda, but pay attention to the beginning of the Federal Reserve’s monetary policy meeting, in which the decision will be focused on financial stability risks and inflation”, commented Monex analysts.

The news about the Credit Suisse purchase gave a boost to appetite for risk assets, after several days of jitters.


The BMV this March 21

In operations in the local market, the S&P/BMV IPC main index of the Mexican stock exchange earns 0.81 percent, in the 52 thousand 346 integers and the FTSE-BIVA of the Institutional Stock Market rises from 0.91 percent, with 1,87 units.

The prices in the international oil market register advances, the West Texas Intermediate grows 1.45 percent, at a level of 68.67 dollars per barrel, while the Brent increases 0.95 percent, at 74.61 greenbacks per unit.

In the US, the 10-year Treasury note rate shows an increase of 8.7 basis points, settling at 3.57 percent. In Mexico, the 10-year M bond rate shows an increase of 10 basis points, settling at 9.16 percent.

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