Wall Street was up today in mid-session and its main indicator, the Dow Jones Industrial, rose 0.10%, driven by the technology sector, while markets expect the results of major firms such as Alphabet.
At the halfway point of the day on the New York Stock Exchange, the Dow Jones reversed the initial losses and added 24.95 points, to 25,088.84, in the same line as the selective S & P 500, which rose by 0.28% or 7.59 units, standing at 2,714.12. For its part, the composite index of the Nasdaq technology market was the most progressing, 0.88% or 64.00 integers, to 7,327.87 points.
By sectors, the technological (1.37%) was the one with the greatest advances, followed by the communications (0.49%) and the non-essential (0.48%), while the health was the most harmed (0.87%). The operators of the New York parquet seemed to recover their spirits and after opening the session in mixed terrain, with the Dow and the S & P 500 in red, they straightened out the situation at this hour.
Waiting to know this afternoon the results of the technological giant Alphabet (1.27%), from which they expect an increase in profits and sales, investors bet on purchases in companies in the sector, such as Facebook (1.73%), Amazon (1.07%), Apple (2.62%) or Netflix (2.73%). Analysts indicate that almost half of the S & P 500 companies have already disclosed their results and, of these, more than two thirds have exceeded expectations.
Last week was the sixth consecutive accumulated earnings for the Dow Jones, which relied on the latest data on employment in the US and the prospect that the Federal Reserve will be more “patient” in its monetary adjustment. In the group of securities traded in the Dow Jones, Apple led the gains, ahead of Microsoft (2.52%), Coca-Cola (1.33%) and Boeing (1.27%), among others.
On the other hand, ExxonMobil (1.98%), Pfizer (1.60%), Johnson & Johnson (1.16%), DowDuPont (1.12%), UnitedHealth (1.02%) and Verizon (1 , 01%). In other markets, Texas oil fell to $ 54.49 a barrel, gold fell to $ 1,318.40 an ounce, the yield on the 10-year Treasury bond rose to 2.727% and the dollar gained ground against the euro , with a change of 1,143.