Wall Street on the rise. The job market is slowing down

Wall Street on the rise The job market is slowing

(Finance) – Positive start for the Wall Street stock exchange, after the July employment report was lower than analysts’ estimates. On the quarterly front, the accounts above the giant’s expectations help Amazon. Added to this is the news that the Chinese central bank has given new signals of support to the credit system, promising flexibility in monetary policy instruments.

Among US indices, the Dow Jones rises by 0.39% to 35,352 points; along the same lines, theS&P-500 proceeds in small steps, advancing to 4,522 points. Just above parity the NASDAQ 100 (+0.62%); along the same lines, fractional gains for theS&P 100 (+0.65%).

Appreciable rise in the S&P 500 for the sub-funds secondary consumer goods (+3.08%), power (+0.93%) and telecommunications (+0.85%).

To the top between Wall Street giants, intel (+1.40%), cisco systems (+1.08%), Nike (+1.05%) and JP Morgan (+0.61%).

The strongest sales, on the other hand, show up Salesforcewhich continues trading at -2.24%.

Colorless Caterpillarwhich does not record significant changes, compared to the previous session.

Without momentum 3Mwhich trades with -1.58%.

Slow day for Honeywell Internationalwhich marks a decrease of 1.24%.

Between protagonists of the Nasdaq 100, MercadoLibre (+13.59%), Cognizant Technology Solutions (+7.85%), Constellation Energy (+5.85%) and PDD Holdings (+5.71%).

The worst performances, however, are recorded on PayPalwhich gets -12.32%.

Thump of Qualcommwhich shows a drop of 8.18%.

Letter about ANSYSwhich records a significant drop of 6.12%.

Slide American Electric Power Companywith a clear disadvantage of 2.97%.

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