Wall Street closes the week with gains and the Dow Jones rises 0.8%

Wall Street closes the week with gains and the Dow Jones rises 0.8%

NEW YORK, New York.— This Friday, the day on Wall Street closed in positive territory and its main indicator, the Dow Jones Industrialsrose 0.8% following a day marked by the latest US labor market report.

At the closure

At the end of the session in the NYSEhe Dow Jones stood at 38,904 units.

The selective S&P 500 advanced 1.11%, up to 5,204 points, and the index Nasdaq It gained 1.24%, up to 16,248 points.

Employment and unemployment in the US

The market reacted positively to a better-than-expected report: in March the unemployment rate fell to 3.8%303,000 jobs were created and salaries grew 0.3% compared to the previous month.

The data continues to point to a strong job market despite the high interest rate environment, which creates uncertainty regarding the expected rate cut by the Federal Reserve.

The performance of 10-year Treasury bond rose to 4,371%.

By sectors

The largest gains were for communications (1.61%).

Among the 30 listed companies in the Dow Jones, the most benefited were Amazon (2.8%) and Caterpillar (2.6%).

He texas oil It rose to $86.91 per barrel, and at the close of the stock market gold rose to $2.342 per ounce and the dollar appreciated once morest the euro (1.0834).

You might also be interested: “Price of the dollar today, Friday, April 5, 2024”

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2024-05-02 06:44:55

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