WASHINGTON (AFP) - US stocks rebounded strongly Friday, erasing more losses the previous day, after government data showed robust growth in private sector jobs in April.
Around 1430 GMT, the Dow Jones Industrial Average had added 154.24 points (1.23%) to 12,738.41.
The broader S & P 500 gained 15,89 (1.19%) to 1,350.99, then that the tech-heavy Nasdaq Composite rose of 13.18 points (1.19%) to 2,845.90.
The Ministry of labour reported that non-farm employment 244 000 net have been added to the U.S. economy, with a surge in hiring in the services sector, easily offset the losses of local and federal employment.
It also appears that revisions to increase jobs data from the previous months confirm the sustained expansion of the private sector.
But the unemployment rate in the country - according to a separate survey - nevertheless climbed to 9.0% in April from 8.8% in March, which underscores the challenge policy in the administration of the President Barack Obama of still-sluggish economic growth.
"U.S. equity markets are nicely higher in early action measures, such as a report of work of the stronger than expected in April is helping sentiment this morning, that stocks of yesterday." declines solid s in a sharp drop in crude oil and other price of raw materials "said analysts at Charles Schwab.
The increases are gathering, including energy and stockpile fingerprints Thursday by immersed in oil, gold and other precious metals.
ExxonMobil and Chevron industry leaders were about 1.6% of each, a large part of their losses back to the previous day.
But airlines fell despite oil prices; steep decline Thursday American Airlines parent AMR Corp. shares were off the coast of 4.1%; US Airways lost 3.5 percent. and Delta dropped by 2.7%.
Bond prices fell on the figures of strong jobs. The yield on the Treasury 10-year note passed to 3.21% of 3.17% late Thursday, while that on the 30-year bond increased to 4.34% of 4.28%.
Obligations and prices move in opposite directions.
没有评论:
发表评论