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Friday, September 22, 2023

US stock markets start in green in ‘Fed week’ – El Financiero

Investors begin the week with their ‘eye’ on the monetary policy announcement by the Federal Reserve. The US Central Bank is expected not to raise its interest rate.

The New York Stock Exchange indices report increases: The Dow Jones it gains 0.23 percent, to 34,696 units; the S&P 500 advances 0.22 percent, to 4,460 points, while the technological Nasdaq It rises 0.22 percent to 13,738 units.

Specialists from Grupo Financiero Banorte explained that the feeling of caution reflected in the market is given the possibility of maintaining a restrictive monetary policy.

Meanwhile, the European stock markets are heading to close with losses, starting with the CAC 40 of France with 1.57 percent, at 7 thousand 264.15 points, in Germany the DAX is falling 1.13 percent, with 15 thousand 722.25 units and the IBEX 35 drops 0.85 percent, towards 9 thousand 467.89 integers.

Bags in Mexico today September 18

The stock exchange centers in our country also operate with declines: The Price and Quote Index of the Mexican Stock Exchange drops 0.48 percent, to 51,107 units, while the FTSE of the Institutional Stock Exchange gives up 0.43 percent, at 1,055.40 points

In the international oil market, the prices of both contracts continue to exceed 90 dollars per barrel. In the case of West Texas Intermediate (WTI), the increase is 0.99 percent, to 91.76 dollars per unit, while the Brent benchmark gains 0.64 percent, to 94.57 greenbacks per barrel.

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