The main indices on Wall Street rose at the beginning of the last trading week, Friday, after data showed that jobs rose less than expected in the United States in July, while Amazon’s better-than-expected earnings covered expectations of lower sales of Apple.
The US economy added jobs last July, less than expected, but the number of jobs increased compared to last June.
Data from the US Department of Labor showed, on Friday, that the number of jobs in the private sector rose by 187,000 jobs last July, compared to expectations that the private sector would add 200,000 jobs last month.
The Ministry of Labor also revised job data during the month of June, by reducing it to 185,000 jobs.
stock movements
The Dow Jones Industrial Average rose 14.24 points, or 0.04 percent, to 35,230.13.
The “Standard & Poor’s 500” index began trading at an increase of 12.07 points, or 0.27 percent, at 4,513.96 points, while the “Nasdaq” composite index rose by 66.24 points, or 0.47 percent, to 14,025.96 points.
2023-08-04 16:08:49
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