the Number of førstegangssøkende for unemployment benefits fell by 11.000 last week, to 254.000. It was smaller than expected and the 88. week in a row under 300.000 – the longest period below this limit since the 1970s.
But contrary to all predictions, it appears that it is Donald Trump’s victory in the presidential election in the course of the two days has lifted the Dow Jones to a new record.
the Dow Jones rose by 1,18 percent to 18.807,88 and new all-time high on the NYSE Thursday. New intraday all-time high sounds on the 18.873,66.
S&P 500 rose a more moderate 0.2 percent to 2.167,48 while only two of the ten most traded shares fell; Alibaba and Proctor & Gamble.
Banking and biotech/health led the way in the recovery, while tech, manufacturing and telecom pulled down. For every share that rose, it was little more than a stock that fell.
Bank of America was the most traded and continued up 4.4 per cent on rising long-term interest rates. Wells Fargo was the second-most traded, with an increase of 7.6 per cent. J. P. Morgan with 4.6 percent and Citigroup with 3.9 per cent. Morgan Stanley rose 4.1 percent. Pfizer went up 4.3 percent.
ExxonMobil rose still 0.9 per cent, while Chevron rose 0.1 per cent despite lower oil prices
oil prices fell and lettoljen ended down 92 cents to 44,35 dollars. Brent fell 75 cents to 45,61 dollars.
the gold price fell 16,6 dollars to 1.257 dollars, which also helped to send gold/silver index down 6.5 per cent.
the Nasdaq ended down 0,81% to 5.208,80 and here it was little more than a share that rose for each that fell. All of the ten most traded shares fell and the gate is still down for the second day in a row after the presidential election, uncertainty around Donald Trumps upcoming trade policy.
Facebook was the most traded and ended down 1.9 per cent, while Amazon fell 3.8 per cent. Apple fell 2.8 per cent and the Alphabet fell 3.1 per cent. Microsoft ended down 2.4 per cent.
No comments:
Post a Comment