Wall Street closed this Wednesday on mixed ground and the Dow Jones Industrialsits main indicator, rose 0.27% on a day marked by the decline in the technology sector and concern about interest rates.
At the close of trading, the Dow rose to 33 thousand 665.02 unitswhile the selective S&P 500 fell a 0.38% until four thousand 267.52 points.
For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, dropped a 1.29%until 13 thousand 104.89 integers.
The last two indicators lost steam after several days of prosperity in the technology sector, where great expectations are concentrated for the development of artificial intelligence and its application to more and more products and services.
According to analysts, the market reacted negatively to the Bank of Canada’s rate hike to 4.75%its highest level in 22 years, after a four-month hiatus.
The movement of the neighboring central bank has raised fears about the monetary policy path of the Federal Reserve of USA when investors expected a pause in the rises.
The losing sectors of the day were the technological (-1.62%) and the communications (-1.62%)compared to gains in the energy sector (2.65%).
Among the 30 Dow Jones values, the advances of Caterpillar (3.91%), 3M (2.76%) and Goldman Sachs (2.74%) and the losses of Salesforce (-3.35%), Microsoft (-3.09%) and Visa (-1.29%).
In other markets, Texas oil closed at 72.53 dollars a barrel, and at the end of the trading session, the yield on the 10-year US bond rose to 3.79%gold went down thousand 957 dollars an ounce, and the dollar was losing ground against the euro, with a change of 1.0695.
MF
Themes
Read Also
Get the latest news in your email
Everything you need to know to start your day
Registering implies accepting the Terms and Conditions
