Wall Street aIt opened this Wednesday in red, although with slight falls, and the Dow Jones Industrials, its main indicator, lost 0.08%, after Tuesday’s remarks by Federal Reserve (Fed) Chairman Jerome Powell and Joe Biden’s subsequent State of the Union address.
Ten minutes after the start of operations, the Dow Jones left 27.88 points, up to 34 thousand 128.81 units, while the selective S&P 500 fell 0.24% or 9.87 integers, up to 4,154.13 points.
The composite index of the Nasdaq market, where the main technology companies are listed, it lost 0.26% or 33.37 units, up to 12 thousand 080.42 integers.
The stock market thus appeared expectant after some comments by Powell that were well received on Wall Street yesterday and that referred to a slowdown in inflation, although he warned that this was not going to end with interest rate rises.
At this time, the red color dyed practically all the sectorswith higher losses for communication (-3.25%) and non-essential goods (-0.82 percent).
Among the 30 Dow Jones stocks, losses also dominated, albeit slight., highlighting those of Nike (-1.63%), Home Depot (-1.09%) and Chevron (-1.04%); On the opposite side, Microsoft’s gains stood out (1.4 percent).
JM
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