New York (AFP)

Wall Street was moving in a scattered order a few minutes after an opening on Monday, waiting for the start of a week that should be marked by a meeting between leaders Donald Trump and Xi Jinping, in the middle of the Sino-US trade war.

Its flagship index, the Dow Jones Industrial Average, took 0.23% to 26,779.37 points.

The Nasdaq index, with strong technological coloration, lost 0.04% to 8,028.65 points.

The broad S & P 500 index dropped 0.01% to 2,950.13 points.

The New York Stock Exchange had recorded substantial gains over the whole of last week, encouraged by the accommodating tone of the central banks American (Fed) and European (BCE). Over the week, the Dow Jones rose by 2.4%, the Nasdaq by 3.0% and the S & P 500 by 2.2%.

While keeping interest rates at the same level, the Fed reported at the end of its meeting Wednesday that it no longer removed the idea of ​​a relaxation of its monetary policy, especially if inflation remained at levels as low and if the trade war with China ignited more.

This rhetoric delighted the markets but less the American President Donald Trump, who severely took part in the institution Monday in a series of morning tweets. The Fed is a "stubborn child" who refuses to lower interest rates to stimulate growth and counter US competitors, the president said.

Mr. Trump's morning bloodshed contrasted with the relative wait-and-see attitude of the markets.

"Their eyes are on the G-20 in Japan at the end of the week," said Patrick O'Hare of Briefing, saying Wall Street does not expect a big deal to be announced. the subject of the trade war between the two largest economies in the world.

The market was also monitoring tensions between the Trump administration and Iran a few days after the destruction of an American drone by an Iranian missile in the strategic Gulf region. The US president said Saturday that "additional major sanctions" against Iran would be announced Monday, but without specifying their nature.

In the bond market, the US 10-year borrowing rate was 2.039% versus 2.054% Friday at the close.

? 2019 AFP