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Thursday, April 18, 2024

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Wall Street operates mixed at half session and the Dow Jones down 0.07%

 Wall Street operated in mixed territory today in mid-session and the Dow Jones Industrial, its main indicator, was down 0.07%, with markets pending trade negotiations between Washington and Beijing.

At the halfway point of the day on the New York Stock Exchange, the Dow Jones remained 17.87 points, up to 25,088.46 whole, away from the shy gains that had this morning.
For its part, the selective S & P 500 was up 0.11% or 2.88 units, up to 2,710.76 integers, and the composite index of the Nasdaq market, where the main technological groups are listed, gained 0.24% or 17, 50 whole, up to 7,315.70.

By sector, the advances of industrial (0.54%) and energy (0.41%) stood out, as opposed to the decreases in communications (-0.37%) and health (-0.24%).

The New York parquet, which opened Monday with all its indicators in green, lost its good mood after a few hours and investors leaned a little more sales sales while analyzing the possibility that the US. and China reach an agreement before March 1.

US President Donald Trump ruled out last week that he will meet with his Chinese counterpart, Xi Jinping, before that date, when additional tariffs are expected to come in addition to certain imports from the Asian giant, although the White House has indicated that it could extend the deadline.

Delegations from both countries continue to negotiate a way out of the trade conflict, an issue that worries the markets along with others such as a potential global economic slowdown or a second partial closure of the US Government. in the absence of political agreement regarding immigration policy.

In the group of 30 listed companies of the Dow Jones, the losses of UnitedHealth (-1.60%), Pfizer (-1.54%), Walt Disney (-1.53%) and Merck (-0.88%) stood out. . The most notable developments were for Nike (1.49%) and Caterpillar (0.92%).

In other markets, the oil of Texas fell to $ 52.10 a barrel, gold yielded to $ 1,311.40 an ounce, the yield on the 10-year Treasury bond rose to 2.688% and the dollar gained ground before the euro, with a change of 1,127. (EFEUSA) .-

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