PARIS (Reuters) – The New York Stock Exchange opened slightly higher on Tuesday, the positive trend being supported by the prospect of an easing of health restrictions in China after an unprecedented wave of protest against Beijing’s “zero COVID” policy. , pushing up oil and commodities.
About ten minutes after the first exchanges, the Dow Jones index nibbles 18.7 points, or 0.06%, to 33,868.16 points and the Standard & Poor’s 500, wider, gains 0.12% to 3,966.41 points.
The Nasdaq Composite took 0.14% to 11,064.82.
Chinese authorities announced on Tuesday an acceleration of the campaign to vaccinate the elderly against COVID-19, as well as a reduction to three months of the period between the first vaccination and boosters, reviving hopes of an easing of constraints. sanitary.
Oil groups Exxon Mobil, Chevron, Occidental Petroleum and Marathon Oil are in demand, taking 1.2% to almost 2% in the wake of the rebound in oil (+2.42% for Brent). The Energy sector, for its part, advanced by 1.4%.
ConocoPhillips takes 1.77% thanks to the conclusion of a 15-year contract with Qatar Energy for the supply of LNG.
Chinese stocks listed on Wall Street such as Alibaba, Baidu, JD.Com, and Pinduoduo rose 4% to 7.8% as Beijing also announced an easing of financing conditions for property developers.
In terms of business results, the health group UnitedHealth lost 0.3% after announcing that it expected a profit for the 2023 financial year below expectations, while the chemical company Chemours gave up 0.90% after lowering its forecasts for Ebitda adjusted for this year.
The rest of the session could be animated by the publication of consumer confidence in the United States. The Reuters consensus expects a deterioration this month compared to October.
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(Written by Claude Chendjou, edited by Blandine Hénault)
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