Wall Street indices trade mixed; market awaits Fed meeting


The main indices of the US stock market start the week with mixed performances. wall street opened a week in which news about the war in Ukraine will be key, with no progress yet towards a solution, while investors expect that Federal Reserve raise rates.

The reference index S&P 500, which brings together the 500 strongest stations, gains 0.48% at a level of 4,224.47 points. main index dow jones, of 30 industrial giants, advances 1.03% to 33,283.91 units. The index nasdaqwith a high technological component, fell -0.44% and stood at the level of 12,786.94 points.

Bank shares rose at the start of a week in which the Fed is expected to raise the price of money by 25 basis points to respond to persistent inflation. The mixed tone of the indices is due to the doubts aroused by the negotiations for peace between Russia and Ukrainestill no progress.

The volatility in the market continues, although oil prices have fallen from a peak of more than 130 dollars after fears about the effects of the war. But the pressure does not stop because the bombing of several cities in Ukraine continues and the effects of the sanctions on Russia begin to be visible.

[email protected]



Leave a Comment