PARIS (Reuters) – The New York Stock Exchange opened on a mixed note on Thursday, supported by the results of TSMC but cautious after the publication of several indicators suggesting that the American economy remains resilient – removing the prospect of an imminent drop in prices. interest rate by the Federal Reserve.
In early trading, the Dow Jones index lost 112.21 points, or 0.28% to 37,161.52 points and the broader Standard & Poor’s 500 rose 0.40% to 4,758.04 points. The Nasdaq Composite takes 1.01% or 150.46 points, to 15,006.085.
Technology stocks are benefiting from the quarterly results of TSMC, which announced Thursday that it anticipates growth in its turnover of more than 20% this year thanks to solid demand in artificial intelligence (AI).
The theme of AI strongly contributed to the rise in equity markets in the United States last year, and could prove to be a new growth in 2024.
The markets are also digesting a burst of new indicators, including new housing construction in the United States, the “Philly Fed” sentiment indicator and new unemployment claims for the week ending January 13.
These indicators add to a list of data showing that the US economy remains resilient despite rate hikes, which could push the Federal Reserve to keep its key rates at a restrictive level for longer than expected.
Investors will also be attentive to statements from Atlanta Federal Reserve President Raphael Bostic, who will speak at 5:05 p.m. GMT.
In terms of values, TSMC gained 8.5% after its quarterly results. The group is dragging stocks linked to semiconductors in its wake, with Nvidia notably increasing by 2.2%.
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(Written by Corentin Chappron, edited by Blandine Hénault)
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