PARIS (Reuters) – American stock markets opened higher on Monday after the publication of numerous economic indicators last week and before new publications this week.
In early trading, the Dow Jones index gained 36.30 points, or 0.10% to 34,983.58 points and the broader Standard & Poor’s 500 rose 0.11% to 4,519.08 points. The Nasdaq Composite takes 0.44% or 61.93 points, to 14,187.413.
U.S. markets are advancing after a burst last week of data and comments from members of the Federal Reserve Board of Governors and ahead of further guidance on the path of rates this week.
The minutes of the latest Fed meeting will be published on Tuesday, while Black Friday sales at the end of the week will shed light on the appetite of the American consumer, whose resistance has supported activity across the Atlantic in 2023.
In addition, Nvidia, one of the “magnificent seven” whose performance supported the American stock markets in 2023, will publish its results on Tuesday.
A disappointment could weigh on risky assets and degrade investor morale.
In values, Microsoft advances 0.64% after the announcement of the arrival of Sam Altman, former director of OpenAI, and Greg Brockman, co-founder of the company, to lead a new research team on artificial intelligence (AI).
Alphabet, Google’s parent company, which also develops AI programs, fell 1%.
(Written by Corentin Chappron, edited by Kate Entringer)
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