by caroline valetkevitch
new york (reuters) – the new york stock exchange ended on a note… friday, the nasdaq composite closed with its series of records, while the dow and the s & p 500, the interrupt from the announcement by the department of labor job destruction in the first seven years for the month of september.
the dow jones industrial average (over 0.01%, 2.06, 22.773,67. the s & p 500, more lost 2.74, 0.11%, 2.549,33. the nasdaq composite gained his 4.82 (+ 0,07%) 6.590,18, a fifth record.
throughout the week, the dow has, however, an increase of 1.6%, the s & p 500, an increase of 1.2%, and nasdaq gaining 1.5%. this is the fourth consecutive weekly increase in the dow and the s & p 500.
within the scope of the disruptions caused by hurricane harvey, and irma, the american economy was destroyed and non-agricultural jobs last month, particularly in the tourism and hotel management. this is the first decline in non farm employment in the united states since september 2010.
despite the destruction of jobs, the unemployment rate fell two tenths of a percentage point from the previous month to 4.2%, the lowest level since february 2001. the average hourly wage increased by 0.5% in september, after an increase of 0.2% in august. over the course of a year, its growth is 2.9%, the highest since december 2016, from 2.7% in august.
the subject of a further decline in oil prices, the energy compartment yielded 0.82%, with one of the largest declines).
the pharmaceutical distributors, such as walgreens – alliance (4.87%) and cvs health (4.92%) are among the most pronounced folds, the s & p 500 after information of cnbc that amazon.com was about to decide to sell prescription drugs.
the costco plunged 5.97%, with the largest decline in the s & p 500 following the announcement by the chain of warehouse, saying that its margins have decreased due to requirements to retain customers.
on the side of the cable increases, increased by 5.26%. after some sources have said that the company had received offers to buy cables from its european competitors, customers and nkt.
(mr. van overstraeten for service in french).
copyright & copy;, thomson reuters
Translated by forexguides.info Team