New York (AFP)

The New York Stock Exchange opened in scattered order on Monday, pending the first major corporate earnings releases later in the week.

The Dow Jones rose 0.16% to 34,926.13 points, the Nasdaq lost 0.04% to 14,695.69 points and the extended S&P 500 index gained 0.14% to 4,375.56 points.

The market was catching its breath after having finished the previous week on a record of the three major indices of the New York place.

This acceleration on Friday indicates that operators expect very high-level business results.

"There should be a lot of better than expected figures, and it will be necessary" to maintain the good direction of Wall Street, warned Nicholas Colas, co-founder of the firm DataTrek Research.

The big American banks are expected this week, but also the food giant Pepsico.

"The concerns related to the Delta variant (of the coronavirus) are still there in the background, but there is above all a more general hesitation" to engage in the market during this session, before the results but also some important macroeconomic indicators in the days to come, explained Patrick O'Hare of Briefing.com.

The CPI (consumer price) index, expected on Tuesday, followed by the PPI (producer price) index on Wednesday, will give indications on the trajectory of inflation, expected to decelerate compared to the month of May.

Another event scrutinized by investors, the hearing of the president of the American central bank (Fed), Jerome Powell, before Congress, Wednesday and Thursday.

In terms of values, despite the successful flight of its VSS Unity vessel, with founder Richard Branson on board, Virgin Galactic dropped 11.88% to 43.35 dollars.

The group has filed a regulatory document announcing its intention to issue up to $ 500 million in additional shares.

After rebounding on Friday (+ 7.31%), the "Chinese Uber" Didi Chuxing, subject to an investigation and restrictions imposed by the Chinese regulatory authorities, resumed its descent into hell, dropping 5.11% at 11, 41 dollars in the first exchanges.

On the first day of a lawsuit against his boss and founder Elon Musk, Tesla stock was, despite everything, resolutely trending upward, gaining 3.50% to 679.96 dollars.

The multi-billionaire is being sued by investors who believe he failed in his homework when he decided that Tesla would buy SolarCity in 2016 for $ 2.6 billion.

© 2021 AFP