Operators on the New York Stock Exchange on June 30, 2025 (AFP / Timothy A. Clary)
The New York Stock Exchange opened on Thursday, supported by better employment figures than expected in the United States for June, but still awaiting developments on the trade in commercial negotiations.
Around 1:50 p.m. GMT, the Dow Jones earned 0.49%, the NASDAQ index took 0.62%and the enlarged index S&P 500 advanced by 0.52%, the last two indices affecting new records in session.
Investors were satisfied on Thursday from the last employment report in the United States, according to which the unemployment rate fell slightly at 4.1% in June and more jobs than expected were created.
“Employment data is much more positive than what we had anticipated (…), which is undoubtedly good news for the markets,” comments with AFP Art Hogan, by B. Riley Wealth Management.
The world’s leading economy created 147,000 jobs last month, more than what was envisaged by finance players (110,000, according to the consensus published by Marketwatch).
The unemployment rate fell slightly, from 4.2% to 4.1% – a level considered to be close to full employment, and while analysts expected a slight degradation at 4.3%.
“The uncertainty surrounding customs duties (…) apparently did not encourage companies to dismiss workers”, underlines in a note Jeffrey Roach, of LPL Financial.
In addition, the first unemployment allocation requests were dropped off compared to the past week and below market expectations (233,000).
This “proves that we have a solid and stable labor market”, estimates Mr. Hogan, according to whom “this probably pushes the idea of ​​a drop in interest rates”.
These figures should indeed allow the Federal Reserve (Fed) to wait further before lowering its interest rates.
Investors “are now turning to the season of the results of second quarter companies, which will start on the return from the long weekend”, notes Art Hogan.
At the same time, market players continue to monitor the latest developments on the commercial front, a few days before the announced return of punitive customs duties on products from dozens of trade partners in the United States.
“Trade negotiations remain mixed,” sums up Mr. Hogan.
Latest episode to date, Donald Trump announced on Wednesday that it has sealed an agreement providing “zero” customs right on American products entering Vietnam and conversely a surcharge of at least 20% on Vietnamese exports to the United States.
On the bond market, the yield of the American loan at ten years still tied at 4.33%, against 4.28% at the end on Wednesday.
On the table of values, the Computer Company Datadog was flying (+9.00% to 147.15 dollars) after the announcement of its integration into the S&P 500 index on July 9, replacing the equipment manufacturer in telecommunications juniper networks.
Synopsys groups (+4.40% to $ 546.14 and CADENCE (+4.76% to 325.75 dollars), specialized in the development of software for the semiconductor industry, were sought after having announced that the United States would raise some of the restrictions imposed on China on flea exports.
The American Plis Delivery group and Fedex packages gained ground (+2.32% at 244.70 dollars) after an upward re -evaluation of its title by BNP Paribas.
The session will be shortened by three hours because of the national holiday of July 4, on Friday, during which Wall Street will be closed.
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