NY stocks close mixed with US and Nvidia (NVDC34) data on the radar

The New York stock markets closed without a single signal in this Monday session (3) due to variations in the movements of certain sectors on the day. The Dow Jones was particularly pressured by declines linked to industrials and oil companies, while the Nasdaq was again boosted by another relevant advance in Nvidia (NVDC34). The reading of US economic data was observed a week after the US payrolls for May were released.

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The Dow Jones index fell 0.30% to 38,571.03 points; The S&P 500 advanced 0.11% to 5,283.40 points; And the Nasdaq rose 0.56% to 16,828.67 points.

According to CME Group’s FedWatch readings, the possibility of the Federal Reserve (the US central bank) cutting interest rates by September, including the US purchasing managers index (Industrial PMI) from the Institute for Supply Management (ISM), fell below analysts’ expectations. Done,” analyzes Pantheon.

Against this backdrop, Caterpillar fell 2.12%. Yesterday’s decision by the Organization of the Petroleum Exporting Countries and Allies (OPEC+) weighed on barrel prices, which fell more than 3%. In this context, Chevron (-2.98%) and ExxonMobil (-2.40%) had some of the most important drops of the session, while the energy sector fell 2.6%, which was the biggest drop of the day in New York. .

On the other hand, Nvidia CEO Jensen Huang announced plans for new artificial intelligence (AI) accelerator chips yesterday. Shares of the company rose 4.90%. In other highlights, GameStop rose 21.00% amid renewed cheer for meme stocks. A technical problem that had halted some shares in New York was resolved by midday, the New York Stock Exchange (NYSE) said in a statement. Berkshire Hathaway shares rose 0.01% and fell 99% on the error.

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