New York (AFP)

The New York Stock Exchange opened higher on Tuesday, before moving in dispersed order, an inflation indicator lower than expected having carried the market only a few minutes.

Around 2:10 p.m. GMT, the Dow Jones lost 0.22% to 34,794.26 points.

The extended S&P 500 index was also down, by 0.13% to 4,462.89 points.

They had both opened up.

As for the Nasdaq index, with a strong technological composition, it gained 0.07% to 15,115.55 points.

The rise in consumer prices slowed 0.3% over one month in August, against 0.5% in July, a figure lower than the 0.4% expected by economists.

"It's a relief" for traders, commented Peter Cardillo, chief economist at investment firm Spartan Capital Securities.

Sign of this relaxation, even temporary, the rate of US government bonds 10 years fell to 1.28%, against 1.32% Monday.

However, the acceleration in prices over one year, to 5.3% (against 5.4% in July), "is still very high", he added, "and this is problematic for the Fed. "(American Central Bank).

Persistent inflation could prompt the institution to tighten monetary policy earlier than expected, which investors fear.

"There are signs in this report which tend to show that the transitory inflation assumption is correct, but the pressure on prices is not likely to subside any time soon," Chris Low commented in a note. , chief economist at FHN Financial.

Although September is already well underway, trading volumes remain weak on Wall Street, noted Peter Cardillo.

The market has not seen any marked activity since mid-July.

The main index of market volatility, the VIX, has gained ground since Friday, and traders expect volatility this week due to lack of a major indicator.

The prospect of the so-called "four witches" day on Friday, with the expiration of futures contracts and options (derivatives), is also likely to generate unrest on the indices, according to several observers.

In the first exchanges, the market followed Apple (in equilibrium at 149.55 dollars), which is due to present several new features on Tuesday, including the iPhone 13, during an event which will begin at 5:00 p.m. GMT.

Online financial services specialist Intuit (TurboTax, QuickBooks, Mint) announced Monday, after market close, the takeover of internet marketing specialist Mailchimp for $ 12 billion.

He gained 1.33% to 564.81 points at the start of the session.

Another player in business financial services, Bill.com, benefited from this acquisition (+ 2.26% to 287.04 dollars).

The software publisher Oracle was sanctioned (-3.94% to 85.39 dollars) after having published, Monday after market close, a quarterly turnover slightly lower than expectations (staggered fiscal year which starts on June 1), but a net earnings per share higher than expectations.

The group once again insisted on its ambitions in remote computing (cloud), which is already its main source of income and offers higher margins than its other activities.

The Fox media group, which concentrates the assets of the former 21st Century Fox not sold to Disney in 2019, fell (-1.63% to 33.18 dollars) after the announcement of the acquisition of the site of TMZ Sensational News from WarnerMedia (AT&T).

© 2021 AFP