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Indicators: Wall Street opens higher, attentive to negotiations on the debt in the US

Ruetir by Ruetir
May 26, 2023
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Indicators: Wall Street opens higher, attentive to negotiations on the debt in the US
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Wall Street opened this Friday in green and the Dow Jones Industrialsits main indicator, rose 0.53%in a volatile week due to the discussions in the United States Congress on the debt ceiling.

Ten minutes after the start of trading on the New York Stock Exchange, the Dow Jones rose 0.53% to 32,938.22 units y the selective S&P 500 gained 0.45% to four thousand 170.06 points.

For its part, the composite index of the Nasdaq market, where the main technology companies are listed, rose 0.56% to 12,769,074 integers.

LEE: Wall Street closes mixed and the Nasdaq rises 1.71% due to the pull of Nvidia

Wall Street investors have been all week attentive to what is happening in Washington for fear that the Government could run out of funds to pay its debts on June 1 if Congress fails to agree to raise the debt ceiling, which was reached in January and sets the legal limit on how much the government can borrow. An issue that has been generating nervousness among investors for several days.

By sectors, The color green dominated Wall Streetbeing the highest gains for the non-essential goods (0.86 %) and the technological (0.64%), while public services led the losses with a 0.94 percent decline.

Among the 30 Dow Jones stocks, the companies with the highest profits were American Express (1.97 %) y Salesforce (1.95%), while they accumulated plus Walgreens losses (-1.57 %) y Amgen (-1.19 percent).

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