Around 2:00 p.m. GMT, the Dow Jones gained 0.91%, the Nasdaq advanced 0.92%.

On Monday, the Dow Jones had lost 0.11%, to 34,411.69 points, the Nasdaq index, with a strong technological scent, had dropped 0.14%, to 13,332.35 points, and the broader S&P index had finished close. balance (-0.02%), at 4,391.69 points.

The exchanges remained tinged with "fear of higher interest rates, worries about slowing growth and profits, and concerns about food and energy prices that remain painfully high as Russia steps up its offensive. in Ukraine", summarized Patrick O'Hare for Briefing.com.

The International Monetary Fund (IMF), which released its global economic forecast on Tuesday, sharply lowered its global growth projection for 2022 due to "seismic waves" caused by the war in Ukraine and warned that inflation was set to rise. last.

Growth is expected to come in at 3.6% this year, down 0.8 percentage points from its January projections.

With regard to inflation, the Fund now expects 5.7% this year for advanced countries (+1.8 points) and 8.7% (+2.8 points) for emerging and developing economies.

Bond rates on ten-year US Treasury bills crossed the 2.90% mark for the first time since the beginning of December 2018, at 2.9206% against 2.85% the day before.

A member of the monetary committee of the American central bank (Fed), James Bullard, estimated on Monday that a rise of 75 basis points (0.75%) was not out of the question.

A strong real estate indicator, with housing starts unexpectedly rising in March at the fastest pace since 2006, supported the Dow Jones index after the open.

Among the many corporate results, the pharmaceutical group Johnson & Johnson (J&J), a member of the Dow Jones, gained 2.81% to 182 dollars while its quarterly turnover and profit were better than expected.

But the maker of the Covid 19 vaccine has suspended sales forecasts for its serum, which has lower demand than vaccines from Moderna and Pfizer.

The American investment fund Blackstone (+ 1.25%) has announced the acquisition of American Campus Communities (ACC), the largest developer, owner and manager of student housing in the United States, for nearly 13 billion dollars.

The action of ACC, a group that has 166 properties in more than 70 American universities, jumped nearly 13% to 64.90 dollars.

Twitter dropped 1.75% to 47.59 dollars after press reports that the Apollo Global Management fund (+ 1.57%) would be interested in participating with Elon Musk in the Tesla boss's hostile takeover bid (+0.71%) on the social network.

US defense group Lockheed Martin reported lower first-quarter sales on Tuesday, due in part to supply chain issues, and left its full-year guidance unchanged.

The group's stock, which rose after Russia invaded Ukraine, was recovering (+1.59%) as it lost ground in pre-market trading.

James Taiclet, CEO of Lockheed, which co-manufactures Javelin missiles sent to the Ukrainian military, said "world events this quarter mark a dramatic shift in the geopolitical environment and demonstrate the enormous importance of effective deterrence." .

Quarterly results from Netflix and IBM were expected after the close.

© 2022 AFP