Wall Street closed this Thursday positively and selectively S&P 500who has lost five sessions, broke a record, and signed up this Thursday 0.75%one of 29.59 points, until it reached 3,963.51. After the bell rang on the New York Stock Exchange, the The Dow Jones rose 183.56 points (+0.55%), to 33,781.48, while the composite index nasdaq won 123.45 points (+1.13%)to remain at 11,082.00.
The Organization for Economic Co-operation and Development (OECD) points out that the advanced composite indicators – which show changes in previous economic cycles – all point to growth slowdown in most major economies: US, Canada, UK and throughout the Eurozone.
Green trend Thursday on Wall Street doesn’t seem to deny the fear of a recessionand LPL financial analyst Quincy Krosby played down gains, arguing that after several days of selling, investors are inclined to buy, albeit modestly, he said.
Also known that number of weekly applications for unemployment benefits in the United States rose last week to 230,000compared with the 226,000 registered the previous week, as reported Thursday by the Bureau of Labor Statistics (BLS, in English).
The same LPL analysts argue that this data once again means the paradox that “bad news is good news”, as this lower employment force can serve to thwart inflation. Sectorally, profits are dominated, led by technology company (+1.59%) and unimportant stuff +(1.05%), and sectors only communication (-0.5%) and Energy (-0.47%).
Among the thirty components of the Dow Jones, green dominates, highlighting the bulls Nike (+2.8%), Cisco (+1.68%) and Boeings (+1.46%); on the opposite side of the loss is located Goldman Sachs (-0.51%) and amexpress (-0.41%).
In other markets, andTexas oil fell to $71.46 barrel, that is gold rose to $1,901.30 the ounce and the dollar weakened against the euro, with changes from 1.0554.
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