(reuters) – the new york stock exchange opens friday, rising after the publication of statistics on employment in the united states, higher than expected, which could open the way to an announcement by the federal reserve balance sheet conditions for reduction of the next month.
the dow jones index is 0.26%, 57.11 points to 22.083,21. the standard & poor’s 500 largest is 0.29% and the nasdaq composite 2.479,24 takes to 0.22 per cent in 6.354,00.
the number of jobs rose more than expected in july, the united states and the wages increased again, announced friday the department of labour.
the u.s. economy has created 209000 non-agricultural jobs last month, well above the anticipated 183.000 economists surveyed by reuters.
“not only the creation of jobs in july exceeded expectations, but there was a significant increase in the numbers (in june),” says brian jacobsen, in charge of investment strategy at wells fargo fund management.
“bring this report on employment with a weaker dollar and the fed has no reason to depart from its plan to reduce its balance sheet, raising rates again this year,” he added.
on the foreign exchange market, the dollar, which was published shortly before the face of the reference to a basket of currencies, is 0.3% higher in four sessions. it takes 0.6% against the swiss franc to a high of six weeks. the euro has, for its part, not far from 11835 dollar (- 0.3%).
at the time of the opening of the us markets, stock market indices in europe and increase their earnings are in the green.
beyond the uncertainty about the economy and the fed, the dollar is under pressure after the information on the formation of a grand jury in washington by the special prosecutor robert mueller, who was appointed in may to lead the investigation into the alleged interference by russia in the 2016 presidential campaign in the united states.
while the season of results, is the s & p 500, which was about 11% since the beginning of the year, is treated with a per of 18, compared with an average of 14.
according to thomson reuters i / b / e / s, analysts now expect profits increased overall 11.8% for the s & p 500 companies in the second quarter, and for the third quarter growth of 9.2%.
the compartment of non essential consumer goods sector, the largest drop in signal from 1.05%, affected by the collapse of viacom (10.41%) at its lowest level in a year and a half (february 2006).
the group of media has disappointed analysts with its forecast for the current quarter and gives an account of late payment to its chinese partner huahua media.
on the other hand, the operator considers consumer site yelp flies from 26,87%. the group has published a quarterly sales better than expected and announced the sale of its subsidiary eat24 meals to grubhub (8.75%) to $287.5 million, including $200 million will be distributed to investors through a share repurchase program.
the highest increases of the nasdaq composite, gopro, manufacturer of cameras is 17.55% after a significant loss in the second quarter due to lower operating costs.
the weight gain 227328% to a peak of four years, after having published a consensus earnings per share higher than the thomson reuters i / b / e / s and increased its annual targets.
oil prices return to equilibrium after being punished in the morning by the increase in exports of opec producers and high production.
(tanya agrawal, laetitia. for service in french, edited by wilfrid exbrayat)
copyright & copy;, thomson reuters
Translated by forexguides.info Team