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Wall Street opens mixed and the Dow falls 0.10% after its most week since 2020

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New York, March 21 (EFE).- Wall Street opened on Monday in mixed terrain and the Dow Jones Industrials, its main indicator, fell 0.10%, weighed down mainly by Boeing and with the market looking for direction after registering its Big week of 2020.

A quarter of an hour after the start of trading on the New York Stock Exchange, the Dow Jones fell 36.14 points, to 34,718.79, while the selective S&P 500 rose 0.21% or 9.18 integers, to 4,472.30.

For its part, the Nasdaq index, which brings together the most important technology companies, fell in the early stages and 0.04% or 4.91 units, to 13,888.93.

The New York park began the hesitant day after registering its best marks in the three main indices in almost two years after the US Federal Reserve announced an expected rise in interest rates.

Investors are today attentive to the evolution of the war in Ukraine, the sanctions of Western countries against Russia, the agenda of US President Joe Biden in Europe and the coronavirus crisis in the Old Continent.

According to analyst Tom Essaye of The Sevens Report, markets believe the Russian invasion of Ukraine has continued “with no notable progress toward a ceasefire over the weekend, and hopes of a near-term peace are fading.” .

By sectors, gains predominated and were led by energy companies (2.98%), public services (0.86%) and health (0.64%), while the most affected were communications (-0, 28%) and financing (-0.21%).

Among the thirty values ​​of the Dow Jones, the 6% drop in Boeing stood out in reaction to the accident of one of its 737-800 model aircraft in southern China with 132 people on board, about which the company has said it is collecting information .

Walgreens (2.43%), Chevron (1.62%), Verizon (1.53%) and MSD (1.52%), among others, rose especially.

In other markets, Texas oil rose to $109.82 a barrel, gold fell to $1,927.50 an ounce, the 10-year Treasury yield rose to 2.23% and the dollar gained ground against to the euro, with an exchange rate of 1.1032.

c) EFE Agency

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