NEW YORK, New York.— This Wednesday, the day on Wall Street began in negative territory, when its main indicator, the Dow Jones Industrialslost 0.54%, while investors prepared to hear the announcements of the Federal Reserve (Fed) of USA.
at the opening
Ten minutes after the start of operations at the New York Stock Exchangethe Dow Jones it dropped 184.97 points, to 33,901.07 units, while the selective S&P 500 it lost 0.23% or 9.34 integers, up to 4,067.26 points.
The Market Composite Index Nasdaqwhere the main technology companies are listed, remained 0.18% or 21.39 units, up to 11,563.16 integers.
What affects the markets today?
Still, stocks are off to a good start to the year, with the S&P 500 gaining more than 6% in the first month of 2023, and the Nasdaq Composite up 11%, its best January since 2001.
This Wednesday, the central bank will announce its new monetary policy decisions and according to experts, Fed officials will raise interest rates in a quarter of a percentage point.
The US central bank raised interest rates seven times last year in a search for slow down economic growth for reduce inflation.
Waiting for the Facebook report – Meta
Investors also have their eyes on upcoming business results today, as Facebook parent company Meta will announce how it did in the last quarter of 2022 after the stock market closed.
The only sector that woke up in green was health, which rose 0.8%, while the biggest losses were for finance and communications, which fell 0.55% and 0.53% respectively.
Profit and loss
Among the 30 Dow Jones stocks, the only three companies with gains were Boeing (1.41%), Verizon (0.37%) and Walmart (0.09%), while, at the other extreme, Amgen’s losses (-3.07%) stood out. ), Cisco (-1.85%) and Travelers (-1.41%).
In other markets, Texas oil rose at this time to $78.97 a barrel, the yield on the 10-year US bond fell to 3.47%, gold rose to $1,947 an ounce and the dollar lost ground against the euro, with a change of 1.0904.