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Other indices outperformed the Dow: the broad-based S & P 500 gained 0.85% to 2759.82 points, and the Nasdaq 100 index of tech stocks even jumped from 1.50% to 7207.33 uphill. There was good news here, especially in the biotechnology sector, with a resumption of Biogen's actions.
The New York Stock Exchange generally benefited from the fact that the US economy had created more jobs in June than expected. he was behaved. "This reduces inflationary pressures and therefore does not force the central bankers of the Fed to pull higher rates on their rate hike," said a market observer
. Investors had talked a lot for days. They see the conflict as a threat to economic growth for some time. However, the Swiss bank Credit Suisse still gives the green light: according to the market expert John Woods, the latest economic data even announce an acceleration
In terms of individual values, Biogen biotech actions have distinguished themselves by an Alzheimer's drug. Nasdaq jumped nearly 20% with a price jump. Biogen and its Japanese partner Eisai have reported a significant reduction in BAN2401 antibody in a phase II study in the early stage of Alzheimer's disease.
Elsewhere, the flow of messages at the company level was thin. Some companies with large global footprints have been affected by the trade dispute with China, according to investment dealers. In the Dow, for example, the titles of the Caterpillar construction equipment manufacturer with 0.3 percent were one of the few losers in the index.
There was still speculation about joining JPMorgan at Deutsche Bank. However, the big American bank has denied the widespread interest by the "Wirtschaftswoche". For JPMorgan newspapers, rumors have not multiplied: with a moderate premium of 0.33%, they are almost equal to the market.
US bonds moved shortly after the Labor Market Report. Ten-year senior bonds gained 1/32 points to 100 14/32 points. They paid 2.82%.
Unlike the US dollar, the euro was supported by moderate wage developments in the United States. In addition, fueled by strong industrial data from Germany, New York paid $ 1.1744 for the common currency. The European Central Bank (ECB) had previously set the reference rate at 1.1724 (Thursday: $ 1.1709) / tih / he
— By Timo Hausdorf, dpa-AFX —
(AWP) [19659011]
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