New York (AFP)

The New York Stock Exchange closed slightly on Tuesday after a lackluster session, after records reached the day before thanks to good US employment figures and pending a report from the Fed on Wednesday.

According to final results, the Dow Jones index concluded down 0.29% to 33,430.24 points.

The Nasdaq, with strong technological coloring dropped 0.05% to 13,698.38 points and the S&P 500 has just come down from its record of the day before, dropping 0.10% to 4,073.94 points.

On Monday, driven by strong job creations in March in the United States, the Dow Jones index gained 1.13% to reach a new high, as did the S&P 500 which climbed 1.67%.

The technology-intensive Nasdaq advanced 1.67%.

“Markets appeared to take a break on Tuesday as investors digested the bullish jobs report and yields on Treasuries come under pressure,” Schwab analysts said.

The 10-year US debt bond rate fell sharply to 1.65% against 1.70% the day before.

We have seen "profit taking and a rotation while banking and technology stocks are down," said Peter Cardillo of Spartan Capital Securities.

The debate launched by US Treasury Secretary Janet Yellen on a reform of corporate taxes, to increase them in the United States while advocating the establishment of a single minimum tax rate on a global scale, also explained "a little" the decline of the market, also indicated the analyst.

The day was also marked by new growth forecasts published by the International Monetary Fund (IMF) which is counting on a stronger-than-expected return of global expansion, at + 6% this year, thanks in particular to the locomotive of the American economy, boosted by stimulus plans.

The IMF also warned Tuesday against excessive risk-taking in the markets, which fuel an overvaluation of assets.

Investors were also preparing to digest the minutes of the last meeting of the US Central Bank (Fed) which will be released on Wednesday as markets question how long the Fed will continue to buy bonds. of the Treasury to support an economy brought to its knees by the pandemic but which seems to be recovering strongly.

Among the headlines of the day, that of the vaccine manufacturer Moderna gained 2.79% while US President Joe Biden was to announce Tuesday the opening of the vaccination against Covid-19 to all adults from April 19.

© 2021 AFP