Wall Street gains moderately after easing fears over China protests

The three main indices of Wall Street timidly advance this Tuesday morning. Prices are relaxing after a session of concern, with the market paying attention to China and its zero Covid policy that sparked protests after new outbreaks of the virus.

the main index Dow Jones, made up of the shares of 30 industrial giants, moves 0.10% to 33,884.11 points. The extended reference S&P 500, of 500 components, rises 0.19% to 3,971.52 points. The Nasdaq technology gains 0.20% to 11,071.77 points.

Asian stock markets mostly rose on reports of declines in the number of Covid-19 infections in China. The demonstrations could lead to the authorities relaxing their strict restriction measures.

“The National Health Commission affirmed that it will accelerate the vaccination of older adults and softened the tone on the lethality of the most recent variants of Covid-19. News about the real estate sector in that country was also added,” explained the eToro firm. .

The 11 main sectors of the S&P show a mixed behavior and within the Dow Jones index 16 of the components operate in positive territory and 14 in negative: Dow shares lead the gains, with 2.16%, and Boeing, with 1.66 percent.

jose.rivera@eleconomista.mx