country flagالعربية
0
0

US stocks rise after non-farm payroll data

2019-04-05 01:23 pm | Resource: News | No Views : 211

 US stocks rise after non-farm payroll data

US markets posted slight gains during the pre-market trade on Friday after Chinese leaders Xi Jinping expressed their hope of concluding the Washington-Beijing negotiations on trade "as soon as possible."

US President Donald Trump also praised developments in the talks, although he said the trade agreement with Beijing was not yet ready.

  Official of the United States Economic Cooperation Organization to put pressure on the EU after the China agreement

The United States will escalate trade tensions with European countries after reaching a trade deal with China, said Lawrence Bonn, chief economist at the Organization for Economic Cooperation and Development (OECD).

According to her, it will be difficult to start trade negotiations between the EU and the United States in an amicable manner, as the two parties differ fundamentally on agricultural barriers. "Europe is fully convinced that [the negotiations] exclude agricultural products, and the United States is fully convinced that the initial agreement ... includes agricultural products," Bonn noted.

Non-farm payrolls rose by 196,000 in March

Non-farm employment in the United States rose by 196,000 in March, exceeding the expected 175,000, according to the Bureau of Labor Statistics on Friday. The unemployment rate in the US remained unchanged at 3.8%. The report said most of the new jobs were recorded in health care and professional and technical services. The number of unemployed remained at 6.2 million in the third month of 2019.

For major labor groups, not all figures have changed. The number of people in the long term remained at 1.3 million and accounted for 21.1% of the unemployed. The labor force participation rate was unchanged at 63.0%. The number of part-time workers for economic reasons was 4.5 million in March.

Average hourly income for all employees increased by 4 cents to $ 27.70. On an annualized basis, average hourly income increased by 3.2%.

Shares of US technology company Snape jumped. Before the official start of the trading session, after the company announced the integration of third-party applications.
  • The Dow Jones Industrial Average was up 0.05% ahead of the opening bell.
  • The Nasdaq 100 rose 0.06%.
  • While the S & P 500 gained 0.08% during pre-market trading.

The euro was 0.04% higher in the dollar compared to the dollar, trading at 1.1226 at 14:57 CET.


Other analysis

Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.