(Finance) – The American stock exchange is in red due to the intensification of the war in Ukrainewhich ends up obscuring the positive data of the US job market. Growing concerns today, with European stock exchanges in deep red, was the attack on the Zaporizhzhia nuclear power plant, the largest in Europe and among the ten largest in the world. Prior to the opening of the market, the US Bureau of Labor Statistics (BLS) reported that, in February, in the non-agricultural sectors, there was an increase of 678,000 new jobs, a figure well above the expectations of analysts (+440 thousand); the unemployment rate fell to 3.8% (expectations at 3.9%). “Our economy has created 7.4 million more jobs since I took office. 678,000 last month alone. And unemployment has dropped to 3.8%. That’s what it is. Building a Better America“, commented the American president Joe Biden.
“Today’s employment numbers are another proof that the US economy is strong enough to withstand a rapid tightening cycle and the uncertainty about the conflict in Ukraine does not reduce the Fed’s immediate urgency to tighten monetary policy, “said Seema Shah, chief strategist at Principal Global Investors.” However, if higher food and energy prices in the coming months they will begin to weigh heavily on household spending, policymakers could refocus on risks to growth, “he added.
It moves down Wall Street, with the Dow Jones which is leaving 0.58% on the parterre; along the same lines, sells theS & P-500, which falls back to 4.335 points. In red the Nasdaq 100 (-0.88%); with the same direction, downhill theS&P 100 (-0.77%). Noticeable upside in the S&P 500 for i compartments utilities (+ 1.97%) e power (+ 1.28%). Among the most negative on the S&P 500 list, we find the sectors financial (-1.97%), Informatics (-1.24%) e secondary consumer goods (-1.14%).
At the top of the ranking of American giants components of the Dow Jones, United Health (+ 2.11%), Wal-Mart (+ 1.64%), Walgreens Boots Alliance (+ 1.35%) e Cisco Systems (+ 1.29%).
The strongest sales, on the other hand, show up on American Expresswhich continues trading at -3.98%.
Black session for Visawhich leaves a 3.15% loss on the table.
At a loss JP Morganwhich falls by 2.93%.
Heavy Walt Disneywhich marks a drop of as much as -2.92 percentage points.
On the podium of the Nasdaq titles, CSX (+ 5.45%), Splunk (+ 4.39%), Broadcom (+ 4.07%) e Ebay (+ 3.27%).
The strongest sales, on the other hand, show up on Pinduoduo Inc Spon Each Repwhich continues trading at -7.70%.
Negative sitting for Micron Technologywhich falls by 6.36%.
Sensitive losses for Asml Holding Nv Eur0.09 Ny Registrydown 6.18%.
Breathless Zscalerwhich fell by 5.75%.