Large increases on Wall Street – Interia

Large increases on Wall Street – Interia

The main indices gained after clearly better than expected labor market data / AFP

close of the Dow Jones Industrial rose by 1.24 per cent., up to 17 009.25 points.

S & amp; P 500 gained 1.12 percent. and amounted to 1967.90 points.

Nasdaq Comp. increased by 1.03 percent. and amounted to 4475.62 points.

The number of jobs in non-agricultural sectors in the United States in September rose by 248 thousand., While in August increased by 180 thousand., After correction. The unemployment rate in the United States in September was 5.9 per cent., Compared to 6.1 per cent. in August 2014.

Analysts surveyed by Bloomberg had expected the unemployment rate in the United States at 6.1 percent. and that the number of jobs in non-agricultural sectors will increase by 215 thousand. to 142 thousand. in August before the correction.

“Investors welcomed with relief the report from the labor market recently grew because of concerns that the economy may slow down at the end of the year” – rated Andrew Wilkinson, chief analyst at Interactive Brokers.

According to analysts Barclays, a report from the American labor market indicates a progressive improvement in the economy of the United States. The first rate hike percent. However, the Fed is still the most likely is only in the middle of next year.

“Continued improvement in the labor market will keep the Fed on a course towards normalization of monetary policy. Fed will remain patient and the changes will be introduced gradually, especially the increase in salaries and inflationary pressures are moderate. still believe that the Fed will raise rates per cent., in June of next year, although there is also a risk that the first increase will take place earlier, ie., in March, when labor market conditions will improve faster than expected ” – posted.

Rate services in the United States fell in September and amounted to 58.6 points. Analysts had expected the index to the level of 58.5 points. In August index of activity in services in the United States amounted to 59.6 points.

The final calculation shows that the composite PMI index in the United States was in September 59 pts. to 59.6 points. a month earlier.

Once again disappointed on Friday data from the euro zone. In the final calculations show that the composite PMI index in the euro area amounted to 52.0 points in September. to 52.5 points. at the end of the previous month. Pre-estimated the value of the index at 52.3 points.

The tense situation persists in Hong Kong. After the stock market index in Hong Kong was in this week at its lowest level for more than four months, the finance minister of the Chinese government in Hong Kong John Tsang warned that lasting more than a week pro-democracy protests could lead to further losses in the financial markets.

Meanwhile, authorities in Beijing are repeated protests in Hong Kong are illegal. I do not intend to give way to the protesters. “The fundamental issues there is no room for compromise” – said in an editorial the newspaper “Renmin Ribao”, organ of the Central Committee of the Communist Party of China.