Wall Street opened this Thursday in green and the Dow Jones Industrialsits main indicator, rose 0.15%, after the latest inflation data coincided with analysts’ expectations.
Ten minutes after the trading floor opened, the Dow Jones stood at 39,007 points, and the selective S&P 500 rose 0.47%, up to 5,093 points.
The composite index of the Nasdaq market, where the main technology companies are listed, rose 0.82%, up to 16,078 units.
The price index on personal consumption expenditures (PCE), a key data that guides the monetary policy of the Federal Reservemarked an increase of 2.4% year-on-year in January, reported this Thursday the Bureau of Economic Statistics (BEA).
This data shows a decrease of two tenths in relation to the interannual PCE of December.
This morning the weekly number of new unemployment benefit applications was also released, which last week was 215,000, that is, 13,000 more than the adjusted data from the previous week, according to the Bureau of Labor Statistics (BLS, in English).
On the other hand, in the first operations of the stock market, the powerful fall of 20% in the shares of the software company stood out. Snowflakeafter announcing on Wednesday that its CEO, Frank Slootman, would step down.
Slootman, who joined the company in 2019 and took it public the following year, will be replaced by former Google advertising chief, Sridhar Ramaswamy.
By sector, gains predominated, led by the material goods sector (0.95%) and real estate (0.92%), while the only sector that opened downward was health (-0.18% ).
Among the 30 Dow Jones stocks, the biggest advances were for Intel (1.79%) and Walt Disney (1.3%), and the most affected were Walmart (-0.91%) and Salesforce (-0.8 %). EFE (I)
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