wall street opened this Wednesday in green and its main indicator, the Industrial Dow Jones, rose 0.48% waiting for the US Federal Reserve (Fed) raise interest rates today.
A quarter of an hour after the session began on the New York Stock Exchange, the Dow Jones added 148.10 points, to 30,854.33; while the selective S&P 500 advanced 0.42% or 16.16 units, to 3,872.09.
The composite index of the Nasdaq market, which brings together the main technology companies, rose one shy 0.18% or 20.85 integers, up to 11,445.90.
The New York parquet rose this morning on the expectation that the Fed will raise rates by 75 basis points for the third consecutive time to combat high inflation at the conclusion of its monetary policy meeting.
Investors have bet on selling in recent days in reaction to August’s consumer price index, which was higher than expected, and on fears that the central bank will continue to take aggressive action.
By sectors, profits predominated and it was led by the companies of energy (1.19%), industrial (0.93%) and essential goods (0.74%), while only those of communications fell (-0.1%).
The vast majority of the thirty Dow Jones listed companies operated with profits, among which those of Chevron (1.54%), Home Depot (1.40%) and Walmart (1.36%) stood out.
On the negative side, the most significant losses were for Walt Disney (-0.91%) and JPMorgan (-0.83%).
In other markets, Texas oil rose to $85 a barrel, the bond yield on the US Treasury 10 years yielded up to 3.549%, gold depreciated to $1,680.80 an ounce and the dollar gained ground against the euro, with an exchange rate of 0.9899.