Mateo Sancho Cardiel
New York, May 8 (EFE) .- Wall Street experienced a great Friday, with more than 1% increases in all indices, but after the celebratory tone was hiding a residue double standard, as investors based their euphoria in employment data, without being bad, yes deter the Federal Reserve to raise interest rates.
The fact that today was intended to mark the day was the official employment report in the United States.
The Labor Department announced that the unemployment rate was the lowest since May 2008 but were created 223,000 new jobs in April, which, starting with the good news was a major upgrade from the previous month, and ending with the bad, was not up to the 250,000 that analysts anticipated.
In the park could leap without feeling too guilty .
The figures were placed at the perfect point in marking the recovery of the economy but without fanfare do think the Federal Reserve of the United States (Fed) that it is time to raise rates interest and close its policy of protecting markets
In the past weeks, Wall Street had been more sympathetic to the general direction of the economy. They are worried about truth when GDP was growing five times less than expected in the first quarter (0.2%, in particular) and also when, in the same week, the number of jobless was equated to the fateful year, 2008.
But Today increases cry rang moral liberation. The Dow rose 260 points and surpassed long barrier of 18,000 (closed at 18191.11) and the Nasdaq briefly exceeded 5,000.
A push purging penalties after reaching virtually erasing gains throughout the year in the previous days.
In addition, in a week in which the stock markets, energy and currencies had a decisive influence on the course of prices, the wind blew in favor : oil recovered after the bump from the previous day, the public debt, which was becoming too profitable, reduced its percentage gain and the dollar rose against the euro. EFE
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