Employment of seniors: France records a record but remains lagging behind in Europe

Wall Street is reassured by the health of the American economy

Opinion (with AFP)

Washington – The New York Stock Exchange progressed Thursday. Moreover, carried by data on employment and consumption in the United States better than expected, reassuring investors on the health of the American economy. Meanwhile, The NASDAQ indices (+0.74%) and S&P 500 (+0.54%) have both crossed new records at the end. Similarly, The Dow Jones won 0.52%. However, “The retail sales result was the most influential figure (…) signaling a powerful American consumer who overcomes the winds,” comments Jose Torres, of Interactive Brokers. Furthermore, 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). Therefore, Over one year, retail sales employment seniors: france records record growed by 3.9%. In addition, 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 were tabling on 235,000 requests. This data follows the publication. earlier in the week of two inflation clues: the ICC, measuring the price increase in consumer on the and which turned out to be up but in accordance with expectations, and its equivalent on the producer side, the PPI, which proved 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 employment seniors: france records record 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. 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) employment seniors: france records record 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 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 drinks shone (+7.45% to 145.44 dollars) despite results in 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. Nasdaq © Agency France-Presse