New York (AFP)

The New York Stock Exchange opened higher on Tuesday, rebounding from a stall on Monday linked to the risks the resurgence of the coronavirus poses to the global economic recovery.

Around 2:00 p.m. GMT, the Dow Jones took 1.18% to 34,362.39 points, the Nasdaq 0.36% to 14,326.30 points and the extended S&P 500 index 0.77% to 4,291.45 points.

After having given up to 2.72% in session Monday, the Dow Jones index had limited the damage before the close yesterday, to finish down 2.09%.

"There was no specific news to initiate this movement (end of session), but this rebound is still in action this morning," said Patrick O'Hare, of Briefing.com, in a note.

Even if the market had somewhat recovered on Tuesday, its level of volatility, measured by the VIX index, remained high, a sign of some ambient nervousness.

The doubts of operators were also manifested by a further decline in the rate of US 10-year government bonds, which stood at 1.14%, its lowest level since early February, after briefly falling below 1, 13%.

"The key today will not be how the market opens, but how it ends" the session, warned Patrick O'Hare, the question being "if he can keep this momentum or if he falls".

The publication on Tuesday of building permits in the United States for June, which was down 5.1% from May, pointed to a slowdown in construction activity in the coming months.

Among the values ​​of the quotation, the oil services group Halliburton (+ 1.03% to 19.56 dollars) published on Tuesday a quarterly net profit slightly above expectations, but did less well than expected on the turnover .

The tobacco company Philip Morris (-2.67% to 95.32 dollars) did better than expected on revenues and earnings, but downgraded its forecast for earnings per share.

The group cited uncertainty over health restrictions linked to the pandemic and the prolonged convalescence of duty-free at airports.

The cable operator Comcast (+ 0.45%) and the media and entertainment group ViacomCBS (-0.45%) were moving in opposite directions after the Wall Street Journal announced discussions between the two companies in view of a possible video partnership outside the United States.

Amazon fell slightly (-0.43% to 3,534.24 dollars), a few minutes after the landing of the capsule containing its founder and executive chairman, Jeff Bezos, back after the first manned flight of his company Blue Origin.

IBM advanced 4.83% to 144.58 dollars after the publication of adjusted profit and turnover better than expected, the American IT group reporting good commercial momentum linked to its development in the "cloud" ( remote computing).

The cryptocurrency exchange platform Coinbase yielded 2.23% to 215.70 dollars, amid increasingly pressing requests from the authorities of several countries to strengthen the regulation of these electronic currencies.

Since its IPO in mid-April, Coinbase has lost a third of its value.

© 2021 AFP