Sun. Nov 24th, 2024

Wall Street closed this Tuesday in green and its main index, the Dow Jones Industrial Average, rose 0.24%, after the Federal Reserve gave hope to investors that it would not be necessary to raise interest rates further.

At the close of trading in New York, the Dow Jones rose to 35,416 points, and the selective S&P 500 rose by 0.10%, to 4,554 units. The Nasdaq index, in which large technology companies are listed, rose 0.29%, to 14,281 points.

The president of the Federal Reserve, Christopher Waller, said this Tuesday at the American Enterprise Institute that he is “convinced” that monetary policy is “well positioned” to slow down the economy and thus bring inflation to 2%.

On the other hand, the forecasts of the National Retail Federation, which cover until the end of December, show a more moderate growth in sales – including in physical stores – compared to previous years, of 3% to 4%.

By sector, gains predominated, especially in the consumer sector (0.54%) and real estate (0.52%), while the greatest losses were in the health sector (-0.5%) and the industrial sector (-0.52%). .24%).

Among the 30 Dow Jones values, the declines of Walt Disney (-2.81%), Merck (-1.23%) and Travelers (-0.99%) stood out, compared to the advances of 3M (1.48 %) and Boeing (1.4%)

In other markets, Texas oil fell to $76.41 a barrel, the 10-year bond yield fell to 4.33%, gold rose to $2,042.9 an ounce and the dollar gained ground against the euro. with a change of 1.0988.

By NAIS

THE NAIS IS OFFICIAL EDITOR ON NAIS NEWS

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