(Reuters) – The New York Stock Exchange ended with weak variations on Monday, after having evolved a good part of the session in sharp increase, the relaxation on the bond market and the progress of Apple having initially supported the indices.
The upturn in bond yields after the publication of a lesser-than-expected fall in industrial orders and the caution, fueled by important meetings this week, then weighed on the trend.
Investors await congressional hearings from Federal Reserve Chairman Jerome Powell and the release of the labor market report, which could provide guidance on monetary policy in the United States.
The Dow Jones Industrial Average gained 0.12%, or 40.47 points, to 33,431.44 points.
The broader S&P-500 gained 2.78 points, or 0.07%, to 4,048.42 points.
The Nasdaq Composite fell for its part by 13.27 points (0.11%) to 11,675.74 points.
In values, Apple climbed 1.9% as Goldman Sachs began monitoring the value with a buy recommendation, the broker betting on a potential upside of 30% in the giant’s share price. consumer electronics.
The technology sector ended up while that linked to raw materials fell by 1.7%, penalized by announcements from Beijing on a growth target of around 5% this year, less than expected.
(Report Sinéad Carew, Sruthi Shankar, Bansari Mayur Kamdar and Shristi Achar A in Bangalore; Blandine Hénault for the , edited by Jean Terzian)
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