PARIS (Reuters)-The New York Stock Exchange opened up on Tuesday after the ceasefire between Israel and Iran and before the hearing of Jerome Powell in front of the Congress.
In the first exchanges, the Dow Jones index earns 271.76 points, or 0.64% to 42,853.54 points and the Standard & Poor’s 500, wider, increased from 0.69% to 6,066.83 points.
The Nasdaq Composite takes 0.98% or 192.61 points, at 19,823.58.
Donald Trump said on Tuesday that a ceasefire between Israel and Iran had entered into force, urging the two countries to respect him while Israel already accuses Tehran of having raped the agreement.
On the departure for the NATO summit, the American president said that the two countries had violated the agreement, adding that he was not satisfied with none of the two and summoning Israel to no longer drop bombs.
Investors, who have positively welcomed this cease-fire, are now focusing on the hearing of the President of the American Federal Reserve (Fed), Jerome Powell, who will start at 2 p.m. GMT in front of the US Congress.
The monetary policy manager should be largely asked about the Fed rate drop prospects while Donald Trump criticized the institution’s choices several times.
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(Written by Bertrand de Meyer, edited by Augustin Turpin)
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