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Market registers marginal profit in New York


Wall Street opened yesterday in green and its main indicator, the Dow Jones Industrials, rebounded 0.03 percent with the market pending a new batch of data on the United States economy.

Twenty minutes after the start of operations on the New York Stock Exchange, the Dow Jones added 8.82 points, to 33,954.40, while the S&P 500 advanced 0.10% or 4.05 units, to 4,250.49.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, rose 0.25% or 36.21 integers, to 14,289.48.

The New York stock market began the day with optimism after registering slight gains yesterday, also achieving the first record on the Nasdaq in almost two months as the market returns to bet on technology companies. Investors seemed to calm down with the appearance of the president of the Federal Reserve of the United States, Jerome Powell, on the economic recovery, inflation and stimuli before a subcommittee of the House of Representatives.

“We should expect markets to be more sensitive to economic data from now on as investors have embraced the idea that the money cycle is changing,” explained analyst Paul O’Connor of Janus Henderson Investors.

This Wednesday will be released new data on the service and manufacturing sector in the United States to which the market will react. By sectors, energy companies (1.78%) and non-essential goods companies (0.37%) led the advances, while the decreases were led by public services (-0.74%) and essential goods (-0.4%).

Among the thirty Dow Jones stocks, the increases of Chevron (1.28%), American Express (0.69%) and Goldman Sachs (0.69%) stood out.

On the negative side, Coca-Cola (-0.98%) and Procter & Gamble (-0.49%) fell especially.

In addition, bitcoin was recovering from the sharp fall on Tuesday, in which it erased all its revaluation since the beginning of the year, and already exceeded $ 34,000.

In other markets, Texas oil rose to $ 74.18 a barrel, the 10-year Treasury bond yield rose to 1.482%, gold rose to $ 1,791.40 an ounce and the dollar lost ground against the euro, with a change of 1.1965.






Market registers marginal profit in New York
The New York stock market began the day with optimism after registering slight gains yesterday, also achieving the first record on the Nasdaq. (EFE)

Finanzas, Wall Street, Dow Jones

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