PARIS (Reuters) – The New York Stock Exchange opened in disarray on Tuesday on Wall Street, before the publication of several indicators and the next monetary policy decision from the Federal Reserve.
In early trading, the Dow Jones index lost 61.67 points, or 0.16% to 38,271.78 points and the broader Standard & Poor’s 500 showed no clear direction at 4,923.83 points. The Nasdaq Composite lost 0.11% or 16.72 points, to 15,611.328.
The Jolt survey on job creations is expected at 15:00 GMT, the first employment indicator of the week. The release of labor market data will culminate on Friday with the monthly employment report released by the Labor Department, as employment pressures have been one of the main drivers of inflation in recent months.
The indicator is all the more important as it precedes the next Fed meeting on Wednesday, which is expected to maintain rates at their current levels.
However, investors will be attentive to the statements of the governor of the central bank, Jerome Powell, who could give more indications on the trajectory of rates in 2024.
In terms of values, Super Micro Computer jumped 8.25% after raising its forecasts for the year well beyond the consensus. Stocks linked to artificial intelligence increase in its wake, Nvidia gaining 0.47%, Microsoft 0.37%.
UPS lost 6.95% after announcing that it was forecasting a turnover lower than the consensus on Tuesday. Fedex fell 1.73%.
(Written by Corentin Chappron, edited by Blandine Hénault)
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