Wall Street opens slightly lower after last week's rally

The New York stock exchange opened slightly lower on Monday, with the market prudent after closing its best week since the end of 2020 on Friday.

Around 15:00 GMT, the star index, the industrial Dow Jones, lost 0.25%, while the Nasdaq, with its technological component, was down 0.61% and the expanded S&P 500 index - one of the 500 largest companies -, had a marginal decline of 0.06%.

Last week, the Wall Street indices ended up with gains — of 5.50% for the Dow Jones, more than 8% for the Nasdaq and 6% for the S&P 500 — in its best week since November 2020.

Among the values for the day, the conglomerate led by Warren Buffett, Berkshire Hathaway (+1.82%, at $348), announced a project to acquire Alleghany, a specialized insurance holding company, for a total of $11.6 billion.

Alleghany Corp, focused on home insurance and reinsurance, earned 25%, trading its share at $845.

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