Investors on Wall Street was positive Wednesday in a landscape characterized by strong macroeconomic figures and some optimism about continued talks on the situation in Greece.
Thus ended the Dow Jones up 0.79 percent to 17757.91, while the S & amp; P 500 rose 0.69 percent to 2,077.42.
Nasdaq ended the day up 0.53 percent to 5,013.12.
US markets rose thus despite Greece’s Prime Minister Alexis Tsipras in an appeal to the people on Greek television this afternoon argued to vote no on the Sunday referendum, and that this would be “a decisive step” towards a new agreement with the EU.
The exchanges got up earlier today buoyed by posting in the Financial Times that the Greek Prime Minister Alexis Tsipras will be willing to accept the terms of a rescue package.
The newspaper should have obtained a two-page letter that Tsipras sent to the European Commission, IMF and ECB on Tuesday night, where he accepts all creditors’ claims on reforms in tax, with the newspaper describes as “some minor adjustments.”
Germany’s Finance Minister Wolfgang Schäuble, however, not gracious in his dealings with the Greek government led by Prime Minister Alexis Tsipras, while French President François Hollande consider a Greece agreement must be in place contrary.
ISM figures pleasures
US Purchasing Managers Index for the service sector (non-manufacturing ISM) rose from 52.8 in May to 53.5 in May.
The consensus was claimed CNBC at 53.2.
Other figures show that construction investment rose 0.8 percent in May, against expecting an increase of 0.4 percent.
Bloomberg stressed that these figures are volatile and they are probably going to be revised.
Employment
number of employees in the private sector in the US rose by 237,000 people in June, according to figures from ADP Employer Services .
FactSet consensus was according to CNBC at 218.000.
May growth was revised up from 201,000 to 203,000 jobs.
The employment figures are seen as an important indicator for the development of the official labor market figures, “non-farm payrolls,” published Thursday morning (expected 230,000 total and 225,000 in the private sector according to Bloomberg).
The index covers over 20 percent of all employees in the private sector USA.
The full report here.
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