NEW YORK (Reuters) – The New York Stock Exchange ended with a small increase on Monday, in a wait-and-see context before the Fed’s monetary policy decision scheduled for Wednesday and the publication of the results of “tech” heavyweights which could stop the upward momentum on Wall Street.
The Dow Jones index gained 0.59%, or 224.02 points, to 38,333.45 points.
The broader Standard & Poor’s 500 gained 36.96 points, or 0.76% to 4,927.93 points.
The Nasdaq Composite advanced 172.68 points (1.12%) to 15,628.044.
Microsoft will publish its quarterly reports on Tuesday and investors on average anticipate an increase of 15.8% in its turnover.
The results of Alphabet, Google’s parent company, will also be communicated. Those of Apple, Meta Platforms, Amazon.com, Exxon Mobil, Chevron, Qualcomm, Merck, Pfizer and Boeing will be known by the end of the week, fueling market caution.
On the oil market, WTI stood at .0100 (-1.28%) and Brent at .5500 (-1.17%).
The dollar rose 0.06% against a basket of currencies a few minutes after Wall Street closed, while the euro stood at 1.0828 dollars (-0.22%).
On the bond market, ten-year paper [US10YT=RR] lost -8 basis points to settle at 4.0797%. His counterpart at five [US10YT=RR]fell -7.8 basis points to 3.9826%.
(Paris editorial team)
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