Wall Street opened this Friday in green and the Dow Jones Industrialsits main indicator, rose 1.30% to 38,722 points, after the publication of April employment data in USA.
Ten minutes after the trading floor opened, the selective S&P 500 rose 1.06% to 5,117 units, and the technological Nasdaq advanced 1.75% to 16,117 points.
The unemployment rate in the United States rose to 3.9% in April, one tenth more than the previous month, and the economy added 175,000 new jobs, as reported this Friday by the Bureau of Labor Statistics (BLSin English).
The addition of jobs was below the April figure, when the economy added 315,000 jobs, and is also lower than the calculations of economists, who expected 243,000 new jobs, although they had warned that job creation was going to suffer. in spring.
These figures gave hope to investors that the Reserva Federal (Fed) can start cutting interest rates soon; On Wednesday, the central bank kept rates at their current range, citing a “lack of further progress” toward its 2% inflation target.
At the corporate level, this morning the rise in Apple by more than 6% after announcing on Thursday the largest share buyback to date, worth $110 billion, and increasing its dividends.
The company also made notable progress. Amgenby 12.7%, after posting better-than-expected quarterly earnings and making a positive update on an experimental anti-obesity drug.
By sector, technology (2.65%) and real estate (1.95%) led the gains, while the only sector that opened in the red was energy (-0.5%).
Among the 30 Dow Jones values, the advances of Amgen (12,7 %) y Apple (6.7%) and the decreases in Chevron (-0,86 %) y UnitedHealth (-0,77 %). EFE (I)
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