(Finance) – Wall Street continues the session on the rise, with the Dow Jones which advances to 39,002 points, thus blocking the bearish trail supported by four consecutive drops, which began last Monday; along the same lines, theS&P-500 it gains 1.34% compared to the previous session, trading at 5,216 points. Rev up the Nasdaq 100 (+1.62%); with the same direction, positiveS&P 100 (+1.45%).
The data on American employment, published today, confirmed the strength of the US economy and reduced the probability of a short-term rate cut by the Federal Reserve. A scenario, moreover, already discounted by Wall Street after yesterday’s comments by some representatives of the American central bank. An example, Neel Kashkhari (Atlanta Fed) went so far as to state that the bank could leave monetary policy unchanged for the whole year if inflation were to prove more persistent than expected.
The Job Report showed a stronger than expected job market. In March they were 303,000 jobs created, compared to the previous month, while analysts expected an increase of 200,000 places. There unemployment has fallen from 3.9% to 3.8%, in line with consensus estimates.
In the S&P 500, the sectors performed well telecommunications (+1.90%), informatics (+1.66%) e industrial goods (+1.55%).
To the top between giants of Wall Street, Amazon (+3.34%), Caterpillar (+2.97%), Salesforce (+2.68%) e Microsoft (+1.90%).
The steepest declines, however, occur at Intelwhich continues the session with -2.27%.
Modest descent for McDonald’swhich drops a small -0.58%.
Between protagonists of the Nasdaq 100, MongoDB (+5.86%), Constellation Energy (+4.73%), Datadog (+4.12%) e Advanced Micro Devices (+3.67%).
The worst performances, however, are recorded on Intelwhich gets -2.27%.
They focus on sales Tesla Motorswhich suffers a drop of 2.21%.
Thoughtful Warner Bros Discoverywith a fractional decline of 1.30%.
He hesitates Micron Technologywith a modest decline of 1.02%.