(Photo by David Dee Delgado/Getty Images)
Wall Street opened this Thursday in green and the Dow Jones Industrialsits main indicator, rose a slight 0.07%, despite the fact that US inflation rose somewhat more than expected in December.
Ten minutes after the trading floor opened, the Dow Jones stood at 37,728 points, and the selective S&P 500 rose 0.23% to 4,794 points.
The Nasdaq composite market index, in which large technology companies are listed, grew by 0.46%, to 15,038 units.
For its part, the yield on the 10-year Treasury bond fell to 4.019%.
The Office of Economic Analysis (BLAin English) reported today that the inflation rate in the United States abandoned its downward streak in December and prices rose three tenths year-on-year, an increase that places the indicator at the end of 2023 at 3.4%, the Office reported this Thursday. of United States Labor Statistics.
Prices had been falling year-on-year since October, at a time when the US Federal Reserve (Fed) closely observes the effects on this indicator of the eleven interest rate increases that it has carried out since March 2022.
The data is therefore a setback for the Fed’s objectives of returning inflation to 2%. All in all, investors still believe that the central bank will begin to lower rates in March, according to the CME Group’s FedWatch tool.
By sector, the largest gains were for technology (0.78%) and energy (0.52%), while the largest losses were recorded by the public services sector (-0.59%).
Among the 30 Dow Jones values, the increases in Salesforce (1.98%) and Microsoft (1.38%) stood out, and the biggest losses were for Boeing (-2.05%), whose 737 Max 9 planes in the United States have been immobilized after an accident (without victims) with the fuselage of an aircraft. EFE (I)