The leading indices on Wall Street ended the first day of the month in green, after investors eagerly await what is being described as “the last hope” for a new stimulus package. At the same time, Thursday’s better-than-expected job numbers helped the mood.
The Dow Jones rose 0.17 percent to 27,830.29 point.
The S&P 500 closed up 0.53 percent to 3,380.76 point.
The technology-heavy Nasdaq Composite gained 1.42 percent to 11,326.51 point.
Nikola went up sharply
The company, which is in bad weather after fraud allegations, announced on Wednesday that its production and factory plans are still going as planned. In addition, the company stated that negotiations on the agreement with General Motors are still ongoing.
The Nikola share closed up 17.7 percent on Thursday.
Tension before crisis package decision
The US Treasury Secretary, Steve Mnuchin, and the leader of the House of Representatives, Nancy Pelosi, on Thursday made what several US media outlets described as “the last attempt” to reach agreement on a new crisis package.
During Wednesday’s negotiations, Mnuchin raised his $ 1.6 trillion proposal, which is still a long way from the Democrats’ desire for $ 2.2 trillion.
According to the reports, the meeting started at 19 Norwegian time.
Job numbers beat expectations
837,000 Americans applied for unemployment benefits for the first time in the week up to and including September 26, according to current figures from the US Department of Labor. According to CNBC, this was better than expected.
However, it is worth noting that the figures do not include California, which according to the ministry takes a two-week break in its reporting.
With the latest survey, the number of new jobless claims has in any case been below one million for five weeks in a row.
Fear, gold, oil and interest
The VIX index, popularly called the fear index, rose 1.3 percent to 26.72.
The gold price was up 0.9 percent and one ounce went at closing time for 1,911.7 dollars.
North Sea oil fell 3.5 percent to $ 40.83 per barrel. fat.
The 3-month interest rate fell 0.7 basis points to 0.100 per cent.
The interest rate on the 2-year-old fell 2 basis points to 0.133 percent.
The 10-year interest rate fell 0.9 basis points to 0.675 per cent.
The 30-year interest rate rose by 0.1 basis points to 1.456 per cent.
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