New York stock markets recorded a drop for much of this Monday (25), but an improvement in the final stretch ensured a mixed picture. Expecting a week of balance sheets for important companies, among them giants in the technology sector, the stock markets opened higher, but soon moved into negative territory, in a volatile session.
The Dow Jones Industrial Average closed up 0.28% to 31,990.04 points, the S&P 500 rose 0.13% to 3,966.84 points and the Nasdaq fell 0.43% to 11,782.67 points.
The energy sector led the gains, on a positive journey for oil. Chevron shares closed up 2.98% and ExxonMobil rose 3.33%.
Already some tech stocks and communications services have tumbled, putting pressure on the Nasdaq. Before earnings this week, Apple fell 0.74%, Amazon retreated 1.05% and Alphabet (Google) was down 0.36%.
Among other stocks in focus, Tesla posted a 1.40% drop, after the electric vehicle maker reported that it recorded a $170 million write-down, referring to investments in bitcoin.
There were still expectations in the markets for the monetary policy decision of the Federal Reserve (Fed, the American central bank), this Wednesday.
Ahead of the long-awaited rate hike, which markets say is expected to be 75 basis points, the financial sector posted gains across the board: Citigroup rose 0.48%, JPMorgan rose 0.40% and Bank of America 0.90%.
Source: CNN Brasil
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