The Dow Jones index rises for the seventh day in a row.
Less than 30 minutes ago
The matter is updated throughout the trading day on Wall Street…
This is the picture of the trend-setting indices on Wall Street just after the stock market opened on Thursday:
- The Dow Jones index rises 0.33 percent
- The technology index Nasdaq is up 0.01
- The broad S&P 500 rises 0.05 percent
Throughout a week in the US stock markets that has not offered major price-driving news, investors have followed conditions that could change the outlook for interest rates.
On the eve of last week, the so-called nonfarm payrolls figures, which show how many non-agricultural jobs were created the previous month, suggested a labor market that is cooling down.
In the trading days that followed, there was an upswing in both the stock markets in the USA, Asia and Europe.
The Dow Jones ended Wednesday’s trading day up for a sixth straight day, while the S&P 500 fell for the first time in five days.
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– Can no longer be sure
On Thursday, the number of Americans who filed for unemployment benefits for the first time last week was published by the Department of Labor.
The number was 231,000 people, the highest that has come in since August.
– One week does not constitute a trend, but we can no longer be sure that the US economy has calm seas ahead, writes chief economist at FWDBONDS, Christopher Rupkey, in a note, according to CNBC.
After the arrows pointed down in pre-trade, it rose somewhat after the jobs figures came in.
