(Reuters) – The New York Stock Exchange opened slightly on Friday, after records reached the day before by the main indices thanks to the technological sector and anticipation of a drop in rates, while the Shutdown of the American Federal Administration enters its third day.

In the first exchanges, the Dow Jones index wins loses 83.39 points, or 0.18%, at 46,603.11 points and the Standard & Poor’s 500, wider, increased from 0.17% to 6,726.71 points.

The Nasdaq Composite takes 0.20%, or 44.80 points, at 22,888.85.

Investors continue to be optimistic by betting that the Federal Reserve (FED) will once again lower its rates at the meeting scheduled for the end of the month and will do the same during the remaining meetings of 2025, which, combined with the technological sector rally, contributes to the fact that the markets have put aside, at least for the moment, the American budget.

The monthly report on job creations, initially scheduled for Friday, has been postponed due to the closure of the federal administration, which forced investors to turn to other indicators published by the private sector. Far from sowing doubt about the weakening of the labor market, they have rather confirmed it, which maintains bets on the monetary easing of the Fed.

These forecasts, associated with the enthusiasm of investors after a series of ads related to the AI ​​which suggest a strong demand in electronic flea, allowed the three main Wall Street indices to reach record levels on Thursday, despite the uncertainty that reigns in the United States.

The US Senate will vote again on the rival projects of Democrats and Republicans to end the blockage of the government on Friday, but nothing indicates that none of them will be approved, so that the closure should continue.

As private sector data is not affected by the closure of the US government, the Institute for Supply Management (ISM) services index should be published as planned on Friday at 2:00 p.m.

At the values, the manufacturer of equipment for chips Applied Materials fell by 2.5% after declaring Thursday providing an impact of $ 600 million on its turnover for the year 2026, while the United States has expanded its list of export restrictions this week.

The USA Rare Earth action takes more than 13% after its director general Barbara Humpton told the CNBC that the company was “in close communication” with the White House when it was questioned about the interest of the company to conclude an agreement with the Trump administration.

Rumble increased by 11%, the supplier of video platform and cloud services having announced a strategic partnership with the start-up of IA Perplexity.

Tesla advances 2.2% after deciding more than 5% on Thursday despite more solid quarterly deliveries than expected. Some analysts have warned of the risks that weigh on sales in the next quarters due to the expiration of the federal tax credit of $ 7,500.

(Written by Diana Mandiá, edited by Augustin Turpin)

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