New York (AFP)
Wall Street started the session in the green on Friday, hoping to regain some of the ground lost in a week when the tech giants were heckled.
Around 1:45 p.m. GMT, its flagship index, the Dow Jones Industrial Average, rose 0.39% to 27,642.45 points.
The Nasdaq, with strong technological coloring, appreciated by 0.55% to 10,979.71 points.
The broader S&P 500 index, which represents the 500 largest companies listed on Wall Street, rose 0.44% to 3,353.99 points.
The New York Stock Exchange ended in the red Thursday after seeing all of its early trading gains erased due, in particular, to a further downturn by the big names in Silicon Valley: the Dow Jones had given up 1.45 % and the Nasdaq was down 1.99%.
"The sad truth is that there is no convincing explanation for the rise of the major indices at the opening the day after a sharp drop, which had followed a sharp rise, which had itself. even followed a sharp drop, "summarizes Patrick O'Hare of Briefing.com.
"The upward trend is arguably more tied to that of technology stocks than to any other factor," notes O'Hare.
Apple (+ 0.04%), Amazon (+ 0.35%), Microsoft (+ 0.63%) and Facebook (+ 0.65%) progressed slightly at the start of the New York session.
In contrast, Alphabet, the parent company of Google and YouTube, dropped 0.07%.
Tesla, which had its worst trading session on Tuesday since entering Wall Street, continued to rise and gained 0.69%.
The main indices of the New York Stock Exchange, however, were preparing to record their second consecutive weekly decline.
Among the indicators, consumer prices in the United States rose 0.4% in August, a slightly slower pace compared to that of July, but higher than expected, according to the CPI index published on Friday by the Department of Labor.
Analysts had expected a rise of 0.3%.
On the bond market, the 10-year rate on US debt fell to 0.6756% against 0.6772% Thursday night.
© 2020 AFP