Wall Street opened this Tuesday in green and the Dow Jones Industrialsits main indicator, rose a slight 0.03%, to 38,906 points, while investors await new data on inflation.
Fifteen minutes after the trading floor opened, the selective S&P 500 rose 0.27% to 5,216 points, and the technological Nasdaq rose 0.52% to 16,338 points.
This week, investors await the publication of the Consumer Price Index (CPI) looking for more clues about the date of the expected rate cuts of the Federal Reserve (Fed).
«If the CPI is a surprise and continues to revalue inflation expectations, that is where it becomes dangerous for stocks»he told CNBC Anastasia Amorosochief investment strategist at the firm iCapital.
At the business level, the actions of Alphabetthe matrix of Googlerose more than 1% after announcing at a conference a new chip based on Arm technology, which will be available at the end of the year, according to CNBC.
On the other hand, the 10-year bond yield fell this morning to 4.38%.
By sector, gains predominated, led by communication (0.64%) and real estate (0.54%), while the only losses were for financial (-0.26%) and industrial (-0. .09%).
In the Dow 30 index, the rise of Cisco (0.95%) and Dow (0.78%) stood out, while the biggest losses were for Intel (-1.12%) and JPMorgan (-0.92% ). EFE (I)
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