PARIS (Reuters) – The New York Stock Exchange opened mixed on Friday, reassured about the prospects of the technology giants but digesting the latest inflation indicators in the United States.
In early trading, the Dow Jones index was unchanged at 38,078.54 points and the broader Standard & Poor’s 500 rose 0.59% to 5,078.34 points.
The Nasdaq Composite gained 1.19% or 186.02 points, to 15,797.781.
Investors welcome the good performance of Alphabet and Microsoft, whose figures surprised on the upside.
PCE inflation indicators released on Friday were in line with market expectations and were almost unchanged from February.
The resistance of inflation to rate increases raises fears that the Federal Reserve will not lower its rates as quickly as expected.
In terms of values, Microsoft advances by 3.3% after the publication of its results on Thursday.
Alphabet soars by 11.6%, the group having announced that it would pay its first dividend.
(Written by Corentin Chappron, edited by Sophie Louet)
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