Wall Street closed higher this Thursday, July 3, with the Nasdaq and S&P 500 indices marking new highs, at the end of a shorter session ahead of a holiday in the United States.
The tech Nasdaq gained 1.02%, reaching 20,601 points, and the broad S&P 500 index rose 0.83%, reaching 6,279 points. The Dow Jones index gained 0.77%.
There will be no session on Wall Street on Friday due to Independence Day in the United States.
The publication of positive economic data has been one of the main drivers of today's good performance.
It's a good rise because the employment figures are better than expected,” said Peter Cardillo of Spartan Capital Securities to AFP.
The world's largest economy created 147,000 jobs in June, more than expected by market analysts (110,000, according to MarketWatch consensus), and as many as in May (144,000, revised upward), according to government data released this Thursday.
The unemployment rate fell slightly from 4.2% to 4.1%, a level considered close to full employment.
These figures reinforce the Federal Reserve's (Fed, central bank) opinion that it is not urgent to lower interest rates.
In the fixed income market, the yield on the ten-year U.S. bond rose to 4.34% around 17:15 GMT, up from 4.28% at Wednesday's close.
The travel website Tripadvisor surged (+16.74% to $17.50), the IT company Datadog shone (+14.92% to $155.15) after announcing it would be included in the S&P 500 index on July 9, and shares of CrowdStrike, a cybersecurity specialist, rose 3.63% and reached a new all-time high.
The stock market is also watching Donald Trump's mega budget bill, key to his economic program, which must pass again through the House of Representatives.
“Investors take it for granted that the bill will be approved,” said Art Hogan of B. Riley Wealth Management to AFP.
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