[ad_1]
A positive report on the labor market has supplanted the fear of US investors from the impact of the global trade conflict.
Well-received US stock market data shook Friday the fear of global trading on Wall Street.
While Dow Jones initiated little change in trade, he remained at the final bell 0.41% plus (24 '455 points), the composite NASDAQ cited at the end also firmer, he gained 1.34% to 7.688 points.
Before the start of the negotiations, it had a distinctly negative start, as the tariff dispute between the United States and China had passed at the weekend with special rates in the next round. China was quickly responding to tariff invoices on Chinese imports worth 34 billion US dollars. Investors see the conflict as a threat to economic growth.
Driven by the fact that the US economy created more jobs in June than expected, the stock markets were more friendly.
The US labor market was surprisingly robust in June, with employment growth exceeding expectations. In addition, the US trade deficit has been significantly reduced in May due to a significant increase in exports of soybeans and other products, accompanied by a modest increase in imports. . The shortfall was 43.05 billion dollars, against 46.08 billion (46.20 billion dollars) revised a month ago, according to preliminary calculations.
Editors finanzen.ch / Dow Jones
[ad_2]
Source link
