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New york stock exchange reassured:
(Washington) The New York Stock Exchange progressed Thursday. Nevertheless, carried by data on employment and consumption in the United States better than expected, reassuring investors on the health of the American economy. For example,
Posted at 10 a.m. Updated at 4:58 p.m.
The NASDAQ (+0.74 %) and S&P 500 (+0.54 %) indices have both crossed new records at the end. However, The Dow Jones won 0.52 %. Consequently,
“The retail sales result was the most influential figure […] Saying a powerful American consumer who overcomes the opposite winds. Moreover, ”comments Jose Torres, new york stock exchange reassured of Interactive Brokers. However,
Drawn by the automobile, the building and shopping in stores, retail sales increased by 0.6 % over a month, reaching $ 720.1 billion, after having stumbled by 0.9 % in the previous month (unchanged data). Similarly,
Over one year, retail sales growed by 3.9 %. Meanwhile,
Mark Chambers. Similarly, responsible for the retail sector for Americas at EY, sees it as “an encouraging sign that shows that there is a certain positive dynamic among consumers despite persistent economic volatility”.
Another indicator published Thursday before the opening of Wall Street. welcomed with investors with unemployment, unemployed registrations have been established at 221,000 last week, less than the previous period and below the expectations of analysts who tamed on 235,000 requests.
This data follows the publication. earlier in the week of two inflation clues: the ICC, measuring the increase in prices on the consumer side and which turned out to be up, but in accordance with expectations, and its equivalent on the producer side, the PPI, which turned out to be better than expected, because stable.
“The economic climate is not unfavorable (and) the market is very resistant to most news”. judges with AFP Steve Sosnick of Interactive Brokers, which points to a “favorable dynamic” for the American square.
In parallel. the concerns concerning the president of the Federal Reserve (Fed) Jerome Powell “were a little calmed”, underlines with AFP Jack Abblin, of Cresset Capital Management.
US President Donald Trump blown up hot and cold on the future of Mr. new york stock exchange reassured Powell on Wednesday, claiming to think about dismissing him before considering the possibility as “very improbable”.
If the market “does not seem to need a reason to go up” at present. “business results and customs duties can change the attitude of the market,” says Steve Sosnick.
On the bond market. the return of the borrowing at ten years was stable compared to the fence on Wednesday, at 4.45 %.
On the business side, the American manufacturer of electric vehicles Lucid leaps (+36.24 % to 3.12 dollars) after the reservation platform of passenger vehicles with driver (VTC) Uber (-0.23 % to 90.54 dollars) announced to acquire for $ 300 million in the company with the ambition to create a robotaxis fleet.
The American airline United Airlines was new york stock exchange reassured sought (+3.11 % at 91.22 dollars) after refining its forecasts for the 2025 financial year in order to integrate a “positive change” of demand. since early July.
The American giant of snacks and pepsico beverages shone (+7.45 % to 145.44 dollars) despite the results below expectations. However, the group has confirmed its objectives for the whole year.
The GE AEROSPACE group (-2.22 % at 260.28 dollars). born from the split last year in the Conglomerate General Electric, was sanctioned for having revised upwards its forecasts for profits and income for 2025, brought by high demand in the air sector.
The ABBOTT Laboratories pharmaceutical laboratory was shunned (-8.52 % to 120.51 dollars) after missing its quarterly forecasts.
The technological sector new york stock exchange reassured increases the TSX
The main Canadian stock market index finished the session on Thursday up more than 200 points, carried by the vigor of the technological sector.
The S & P/TSX compound index has advanced 233.96 points to 27,386.93 points.
On the currency market, the Canadian dollar was negotiated Thursday during the means of 72.71 cents US, down compared to 72.93 cents US on Wednesday.
On the New York Raw Materials Stock Exchange, the price of crude oil, for delivery in September, won US $ 1.04 at US $ 66.23 per barrel.
The price of gold, for delivery in August, fell from US $ 13.80 to US $ 3,345.3 per ounce.
Canadian press
New york stock new york stock exchange reassured exchange reassured
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