PARIS (Reuters) – The New Stock Exchange opened on Monday on a hesitant but slightly bullish note, as investors regained some steam after concerns over the abortive rebellion of the Wagner militia in Russia although caution remains for another week. marked by the publication of indicators in the United States.

In early trading, the Dow Jones index climbed 0.11% to 33,765.73 points, the Standard & Poor’s 500 took 0.14% to 4,354.59 points and the Nasdaq Composite advanced 0.19% to 13,518 .73 points.

On Monday morning, global investors favored safe-haven assets, after the brief armed rebellion of the Wagner mercenary group in Russia on Saturday.

Very quickly, however, attention returned to questions about inflation, monetary policy and the economic situation.

Investors are expecting the publication of numerous economic data in the United States this week, including inflation and the confidence indicators from the University of Michigan, and remain attentive to the statements of the President of the Federal Reserve, Jerome Powell, who will speak at the Sintra forum organized by the European Central Bank (ECB).

“Weak PMI data last Friday in Europe reinforced expectations of a weakening of global growth”, write the strategists of MUFG, who also refer to Chinese tourism data which is worse than expected.

“The brief mutiny in Russia over the weekend therefore did not have much impact initially on the markets, but it will be watched closely by investors.”

On the value side, Pfizer fell by more than 4% after announcing the abandonment of the development of a drug against obesity and diabetes in the face of increased competition in the segment.

(Report Corentin Chapron, edited by Blandine Hénault)

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