Wall Street opened lower this Tuesday, and the Dow Jones Industriesthe key indicator, lost 0.22% early in the day, while government bonds rose to levels not seen in 16 years.
Fifteen minutes after the start of activities on the New York Stock Exchange, the Dow Jones stood at 33,360 units and the selective S&P 500 fell in similar proportions (-0.28%), reaching 4,276 points.
For its part, the composite index of Nasdaq marketin which the most important technology companies are listed, currently fell by 0.46% to 13,247 points.
Once the bullish effects of the debt ceiling deal reached in extremis in the Senate on Saturday – which prevented a government shutdown – and the good inflation data released last Friday have disappeared, the fear is that they have conditioned the stock market , disappeared. the whole year.
On the one hand, that a new increase in interest rates is taking place, and on the other hand, that this is not helping to curb inflation at the level desired by the government.
By sector, losses dominated, especially those of non-essential goods (-1.71%) and public services (-1.68%).
Of the thirty Dow Jones stocks, the declines of Goldman Sachs (-2.3%), Home Depot (-2.13%) and American Express (-1.2%) stood out; in green were Boeing (1.81%) and Intel (1.24%).
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.
