A woman walks in Wall Street in New York
The New York Stock Exchange opened on Thursday, supported in particular by the technological compartment after the optimistic forecasts of Micron Technology which boosts the semiconductor sector.
In the first exchanges, the Dow Jones index earns 127.09 points, or 0.30%, at 43.109.52 points.
Standard & Poor’s 500, wider, increased by 23.93 points, or 0.39%, to 6,116.09 points.
The Nasdaq Composite takes 96.59 points, or 0.48%, at 20,070.14 points.
These last two clues are now close to their highest level.
Micron Technology said Wednesday evening anticipate a turnover for the current quarter higher than Wall Street expectations, tabling on high demand for its HBM chips used in data centers dedicated to artificial intelligence (AI).
The action takes 1.2%, while the semiconductor sector and that of new technologies in general advance respectively by 0.60%and 0.32%. NVIDIA, the AI ​​stallion meter, wins 0.40%, the title being a new higher historical after the record registered the day before. Marvell increased by 4.96% and Advanced Micro Devices (AMD) 0.25%.
The potential of earnings is however limited while investors analyze mixed American economic indicators, whose figures for the GDP of the first quarter, standing out worse than expected, pending the publication Friday of the PCE of prices, very followed by the American Federal Reserve (Fed).
On the foreign exchange market, the dollar is penalized by concern about the independence of the Fed, American president Donald Trump having declared on Wednesday that he has three to four names in mind to replace the current boss of the central bank, Jerome Powell.
The latter reaffirmed before the Congress that the Fed, whose rates have not changed since the start of the year, had to manage the risk of inflation linked to customs duties. This file arouses fears among investors while the deadline of July 9 for a final agreement between the United States and most countries around the world is approaching.
The president of the Richmond Federal Reserve, Thomas Barkin, warned Thursday that it was difficult to determine the way in which the customs of customs duties would result in inflation, while his colleague from the Chicago antenna, Austan Goolsbee, underlined on CNBC that an announcement precipitated by Donald Trump of a replacement for Jerome Powell breast of the central bank.
(Written by Claude Chendjou, edited by Jean-Stéphane Brosse)
