In the first operations, the Dow Jones index lost 0.80%, the Nasdaq technology index lost 0.76% and the S&P 500 fell 0.76%.
Wall Street finished with mixed results on Tuesday, with technology firms pushing the Nasdaq index to new highs and awaiting new figures on US inflation at the end of this week.
The Nasdaq exceeded 17,000 points for the first time (+0.59%), and broke a new record after the one registered on Friday. The Dow Jones, for its part, fell 0.55% and the S&P 500 remained stable (+0.02%).
The New York stock market finished with mixed results on Tuesday, with technology firms pushing the Nasdaq index to highs and awaiting new figures on US inflation at the end of this week.
The Nasdaq exceeded 17,000 points for the first time (+0.59%). The Dow Jones, for its part, fell 0.55% and the S&P 500 remained stable (+0.02%).
The scattered results are “the type of market we are likely to see this week until the release of the PCE inflation index on Friday, the most important data of the week,” said Peter Cardillo of Spartan Capital.
The PCE index, the one preferred by the Federal Reserve (Fed, US central bank) to measure price increases, will set the tone for the next monetary policy meeting, on June 12.
Analysts expect the PCE to remain unchanged at 2.7% year-on-year and 0.3% for the month of April.
The Nasdaq was boosted by the sector of semiconductor companies, including Nvidia (+6.98%).
Source: With information from AFP.
