The New York Stock Exchange Greets the Day with an Increase.

Positive Trend at the Opening of the New York Stock Exchange

Today, the New York stock exchange opened with a rise. At the opening, the Dow Jones index reached 50,193.49 points, up 0.11%. Meanwhile, the S&P 500 index rose 0.14% to 6,974.49 points, and the Nasdaq index increased 0.13% to 23,271.22 points.

Technology Stocks Gained Support from the Rise

Yesterday, the momentum in technology stocks created a positive atmosphere in the equity markets. The observed positive trend at the opening today indicates that investors are in optimistic expectations.

Noteworthy Developments in Macroeconomic Data

In addition to the volatility in financial markets, detailed macroeconomic data is also in focus. In the U.S., the fact that retail sales did not change against expectations from last December has intrigued investors. Additionally, the import price index rose 0.1% on a monthly basis in December, while the export price index increased 0.3%. Moreover, the Employment Cost Index increased 0.7% in the fourth quarter of last year, falling behind market expectations.

Investors' Eyes on Economic Data

Investors are awaiting the results of critical economic data to be released this week. Starting tomorrow, the non-farm payroll data for January will be announced, and consumer inflation data is scheduled for Friday. Analysts state that these data have the potential to affect market volatility and may also provide clues about the future policy actions of the U.S. Federal Reserve (Fed).

Coca-Cola's Balance Sheet on Investors' Agenda

On the corporate side, Coca-Cola announced its balance sheet today. The company’s revenue falling below expectations and projecting modest growth for this year led to a decline of more than 1% in its shares. Investors are closely watching Coca-Cola's performance.