American market positive after strong employment data

Wall Street opens positive after inflation data

(Finance) – Positive session for Wall Streetafter a US jobs report showed a higher-than-expected increase in payrolls and an unexpected decline in the unemployment rate, easing concerns of a rapid cooling of the economy. According to data from the Bureau of Labor Statistics, released before the bell, the non-farm payrolls increased by 254,000 in September, following an upwardly revised increase of 159.00 in the previous month; The unemployment rate it fell to 4.1% from 4.2%.

“US employment data revealed incredibly strong on all possible fronts: job creation, unemployment, wages and hours worked – he commented James KnightleyChief International Economist, US, by ENG – Nonetheless, caution remains due to lack of supporting data. While the inflationary environment allows the Fed to begin returning monetary policy toward neutrality, we believe this will happen in 25 basis point increases rather than the 50 basis points seen in September.”

Attention remains high on tensions in the Middle Eastwhich led to a oil price rally in recent days on the risk of serious disruptions to the global supply of crude oil. US President Joe Biden said yesterday that the US was discussing attacks on Iran’s oil facilities, when asked whether he would support Israel’s strikes in retaliation for Tehran’s missile attack on Israel .

Meanwhile, i ports of the US East Coast and Gulf Coast began reopening last night after dock workers and port operators reached a wage agreement to resolve a huge strike.

Collapses Spirit Airlinesafter the Wall Street Journal reported that the low-cost carrier was in talks with its bondholders about a potential bankruptcy filing, and drops Rivianwhich cut its full-year production forecast and delivered fewer vehicles than expected in the third quarter as it grapples with a parts shortage.

Looking at the main indices of Wall Street, the Dow Jones it is achieving +0.43%; along the same lines, small leap forward for theS&P-500which reaches 5,730 points. Good performance Nasdaq 100 (+0.81%); with similar direction, fractional gains for theS&P 100 (+0.63%).

In good evidence in the S&P 500 i compartments secondary consumer goods (+1.23%), energy (+1.17%) e financial (+1.12%). The sector utilitieswith its -0.54%, is the worst of the market.

Between the protagonists of the Dow Jones, JP Morgan (+2.75%), Salesforce (+2.19%), Amazon (+2.13%) e American Express (+1.91%).

The steepest declines, however, occur at Home Depotwhich continues the session with -1.23%. Modest descent for Verizon Communicationswhich drops a small -1.05%. Thoughtful Johnson & Johnsonwith a fractional decline of 0.64%. He hesitates Procter & Gamblewith a modest decline of 0.55%.

Between the best performers of the Nasdaq 100, MongoDB (+4.76%), Atlassian (+3.73%), Diamondback Energy (+3.65%) e Datadog (+3.64%).

The steepest declines, however, occur at Xcel Energywhich continues the session with -2.07%. It slides Verisk Analyticswith a clear disadvantage of 1.68%. In red Sirius XM Radiowhich highlights a sharp decline of 1.51%. Slow day for Exelonwhich marks a decline of 1.46%.

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