At 2:00 pm (Brasília time) on Wednesday (24), the Dow Jones Industrial Average registered gains of 0.74% and traded 32,663 points. The indicator is influenced by the technical movements of adjustments in positions after falling the day before, following the more optimistic financial and the 6.03% jump in the price of WTI oil on the New York Stock Exchange. In addition, relief from US Treasury bond yields has increased the market's appetite for shares in technology and finance companies. Attention also to the cancellation of the lockdown to contain COVID-19 in Germany, which will only have social restrictions during the five-day holy week holiday, which precede the celebration of Easter. Despite the decision in the country, investors remain concerned with facing the third wave of spread of the coronavirus pandemic in Europe and Brazil, contradicting the expectations of advancing vaccination against the disease. The Euro Zone Purchasing Managers' Index (PMI) reached 52.5 points in March, the highest level since the end of 2018. The result was above the 50-point mark, signaling economic growth, compared to 48.8 in February.
This text was translated by machine from Brazilian Portuguese.