The dollar started the day this Tuesday with the representative market rate (TRM) at $4,145.72 and during the first moves of the market and of the day, the US currency averaged $4,160.
This level shows an uptrend from the previous day and had a low of $4,155 and a high of $4,170.
This floor and ceiling are close to those seen in July last year, when the currency reached $4,151.21 and reached a low of $4,127 at the end of June.
international markets
Wall Street opened Tuesday with mixed feelings and the Dow Jones Industrials, the leading indicator, fell 0.46% as the stock market struggled to maintain last week’s positive momentum.
Ten minutes into operations on the New York Stock Exchange, the Dow Jones fell as low as 34,140 units and the selective S&P 500 retreated 0.27% to 4,397 points.
The composite index of the Nasdaq market, which lists the major technology companies, added just under 0.06% to 13,698 integers.
Today marks the start of the week in the New York stock market, as Monday was Juneteenth, a holiday in the United States.
Wall Street’s leading indicators closed with cumulative gains last week — the S&P 500 and Nasdaq posted their best weekly performance since March — after the U.S. Federal Reserve (Fed) decided not to raise interest rates this month, a pause seen by investors. optimism was greeted.
The Nasdaq posted a strong 3.2% gain, its best run since 2019, which analysts attribute to the boost from artificial intelligence (AI) advances, while the selective S&P 500 advanced 2.6% weekly and the Dow Jones Industrials slightly up. 0.3%.
Investors’ eyes are once again on the central bank this week as Fed Chairman Jerome Powell addresses Congress on Wednesday and Thursday.
By sector, the biggest gains were for non-essential goods and technology, which rose 0.42% and 0.12% respectively, while the biggest losses were for commodities and energy, which rose 1.34% and 1.26% respectively. were deducted.
Of the 30 Dow Jones stocks, the companies with the biggest losses were Dow (-3.03%) and 3M (-2.4%), while UnitedHeath (1.03%) and McDonald’s (0.94%) gained the most. %) goods.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
