(Finance) – Wall Street started off with little movement in the last session of the week, after yesterday’s strong gains, which led the S&P 500 to record its best session since November 2022.
Investor sentiment was comforted by the data on job marketreleased on the eve that showed lower jobless claims in the United States, easing fears of a sharp slowdown in the American economy. Traders are now watching closely for the statistics due next week, on inflationproduction and retail sales.
On the monetary policy front, Kansas City Fed President Jeffrey Schmid said he was not prepared to support an interest rate cut with inflation still above the central bank’s target.
Among US indices, the Dow Joneswhich drops to 39,365 points, with a percentage gap of 0.21%, while, on the contrary, the remains flatS&P-500with prices positioned at 5,317 points. The levels of the previous day are consolidated Nasdaq 100 (-0.12%); as well as, on parity theS&P 100 (-0.05%).