Dow Jones, S&P 500, Nasdaq: Rally nach US-Jobdaten treibt Nvidia und Nasdaq auf Rekordhoch
Die Anleger verdrängen am Freitag die zuletzt aufgekommenen Zins- und Inflationssorgen. Stattdessen befinden sich einige US-Indizes in Rekordnähe.
The US jobs report released for September has created a positive atmosphere in the markets. On Friday afternoon, major US indices were up and reached some record highs. The Dow Jones Industrial Average opened up 0.7 percent to 51,263 points. The broadly diversified S&P 500 index opened about 1 percent higher at 7,738 points. The technology-focused Nasdaq surged 1.4 percent to a record 27,353.68 points, with Nvidia playing a significant role.
The Nasdaq 100, which represents the 100 largest non-financial companies by market capitalization, also rose by 1.5 percent to 30.935.08 points, hitting a new best mark. Investors are likely to focus heavily on the recent employment figures. Outside of agriculture, only 29,000 new jobs were created in September, according to the US government's report on Friday.
Economists surveyed by Reuters had forecast a gain of 90,000 jobs. However, the unemployment rate rose to 4.2 percent. August had shown a surprisingly robust labor market, but employment gains in the two previous months were revised down by a combined 60,000 positions. "Today's data speaks to patience, not panic," said Seema Shah, chief strategist at Principal Asset Management, to CNBC.
Shah's interpretation of the data is focused on the stance of US interest rates, suggesting less speculation about further rate hikes from the Federal Reserve (Fed). The Fed has a dual mandate to achieve full employment and price stability.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
