Wall Street began the day this Thursday in red and the Dow Jones Industrials, its main indicator, 0.20% remained, after applications for unemployment benefits exceeded economists’ expectations, which is added to a series of data that show signs of cooling in the labor market.
Ten minutes after the start of trading on the New York Stock Exchange, the Dow Jones fell to 33 thousand 590 units and the selective S&P 500 subtracted 0.24% to 4,107.50 points.
For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, it fell 0.56% to 13 thousand 006.25 integers.
The number of claims for unemployment benefits for the week of April 1l reached 228 thousand, below the upwardly revised 246 thousand of the previous week. Investors’ focus will now turn to the March jobs report due on Friday, when the stock market will be closed for Good Friday.
The sectors that opened with the highest profits were public services and sanitation, with a rise of 0.64% and 0.36%, respectively, while the sectors with the greatest losses were non-essential goods and technology, which fell by 1.07% and 1.01 percent.
Among the 30 Dow Jones stocks, the companies with the biggest losses were Salesforce (-2.09%) and Cisco (-2.05%). While the largest gains were for MSD (2.98%) and for UnitedHealth (0.83 percent).
JM
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