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Wall Street opens with profits supported by a new drop in inflation in the United States

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Wall Street opens with profits supported by a new drop in inflation in the United States

Stockbrokers work in the United States stock market Thursday, August 6, 2015. The market on Wall Street closed lower on Friday, August 7 after a good jobs report kept alive the possibility that the Fed Federal raise interest rates even next month. (AP Photo/Richard Drew)

Wall Street opened this Thursday in green and the Dow Jones Industrialsits main indicator, rose 0.21% at this time, supported by the announcement on Wednesday of a new drop in the inflation in USA.

Ten minutes after the start of operations on the New York Stock Exchange, the Dow Jones stood at 34,624 units and the selective S&P 500 added 0.38%, up to 4,524 points.

For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, gained 0.78%, up to 15,565 integers.

The US authorities announced on Wednesday that the inflation rate fell by one point in June to 3%, reaching its lowest level since before the pandemic.

US inflation has fallen for 12 consecutive months since, in June 2022, it broke its record for the last 40 years by standing at 9.1%.

In monthly terms, consumer prices rose two tenths compared to the month of May, slightly better data than expected by analysts.

With these data in hand, the Reserva Federal (Fed) You must now decide whether to raise interest rates again this month, as planned, or whether to leave them at the current range.

PepsiCo (up 1.66%) and Delta (1.69%) announced their quarterly results on Thursday.

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The PepsiCo group of soft drinks and food products obtained a net profit of 4,680 million dollars in the first half of the year, 17.7% less than a year ago.

While the US airline earned 1,464 million dollars in the first half of the year, thus turning around the result obtained in 2022, when in those same six months it lost 205 million dollars.

By sectors, the greatest gains were for communications and technology, which rose 1.49% and 1.02%, respectively, while the greatest losses were for energy and industrial, which subtracted 0.33 % and 0.17%, respectively.

Among the 30 Dow Jones stocks, the companies with the biggest losses were Travelers (-0.74%) and Honeywell (-0.49%), while the biggest gains were for Microsoft (1.42%) and IBM (1. fifteen %). EFE (I)

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