Wall Street opened this Thursday in green and the Dow Jones Industrialsits main indicator, rose 0.65% in a market rebound after three days of losses.
Ten minutes after the trading floor opened, the Dow Jones stood at 30,380 points, boosted by the gains of Microsoft (1.49%), Cisco (1.43%) and 3M (1.27%).
The selective S&P 500 advanced 0.72% to almost 5,250 points and the technological Nasdaq gained a notable 0.92%, up to 16,428 points.
Early on, the New York trading floor analyzed some worse-than-expected economic data, which was nevertheless well received in the context of the fight against inflation and interest rate policy.
Analysts pointed out that the US trade deficit increased in February compared to the previous month, to $68.9 billion, when estimates pointed to a decline.
On the other hand, applications for unemployment benefits increased last week to 221,000 and reached their highest level since January, something interpreted as a slowdown in the labor market.
Apart from that, Wall Street awaits tomorrow the monthly employment report in the US, which will be key for the Federal Reserve.
The yield on the 10-year bond fell today to 4.323%, contributing to the boom in the stock market.
At the corporate level, the fashion brand Levi Strauss it soared 18% after reporting good quarterly results and good demand forecasts.
All sectors rose, especially technology (1.08%) and real estate (1.03%). EFE (I)
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