Categories: Stocks News

Wall Street ends with the bullish run of four sessions and closed negative for the week

Related news

In a session extremely volatile, the main indicators of the Stock exchange of New York have closed the week in red numbers, although they have tried to build on the encouraging data on unemployment.

The weekly closing, the Dow Jones it has been left up 0.03% to 27.657 points. In the same way, and with some help of the great technological S&P 500 leaves a 0.64 percent until the 3.319 integers and the Nasdaq cropped 0.56% up 10.793 points.

The bad day, Friday, was led by technological actions of high-profile as Amazon, Facebook and Apple,. In this case, reflects the fact that -after the big bets investors are now reconsidering the prospects for a strong economic upturn in the wake of a pandemic, even without a fiscal stimulus immediately on the table.

In the area of the reference macro-economic, other 860.000 workers went unemployed, but the figure remained below a million for the third consecutive week. In a signal in part of encouraging, because it is a metric of the health of the labour market in real-time.

However, the construction of new housing fell drastically last month, a disturbing symptom of a housing market in a boil may cool despite the low rates of interest to record.

On Wednesday, the Fed he pointed out that the interest rates close to zero to be maintained during at least the next three years, as the u.s. economy continues to face risks around the pandemic in the course.

The economic data have remained surprisingly optimistic about the widespread uncertainty resulting from the coronavirus. However, the officials of the Fed suggest that the economic recovery initial more rapid than expected could be compromised by the absence of further fiscal support.

Ryan Helton

A Stock enthusiast since childhood, Ryan is known for his impeccable knowledge in the technology and gadgets niche. He has been working with eTrendy Stock as a contributor for most stock category and his articles are always well-researched and accurate.

Recent Posts

PAXMINING: Unlocking Daily Profits of Over $7,000 in BTC and XRP.

Bury st edmunds, England, 3rd September 2025, ZEX PR WIRE, Amid rising market volatility, a…

2 hours ago

Blocksize Exposes Hidden Risks of Custodial Staking: Why Transparency and Governance Matter for Solana’s Future

Frankfurt, Germany, 3rd September 2025, ZEX PR WIRE, Blocksize, a German-based DeFi infrastructure provider, is…

2 hours ago

Coinbase Prepares Futures Contract That Pairs Tech Stocks With Bitcoin and Ethereum ETFs

Coinbase Derivatives has announced a new futures product. It combines major tech companies with cryptocurrency…

12 hours ago

CryptoMiningFirm Launches First XRP, BTC Mobile App: Earn Huge Rewards of at Least $17,067 Daily

Massachusetts, 2nd September 2025, ZEX PR WIRE- CryptoMiningFirm has officially presented an innovative mobile app…

18 hours ago

Trump-Backed WLFI Token Launches With $30B Valuation and $6B Family Stake

The World Liberty Financial (WLFI) token, a cryptocurrency project tied to former U.S. president Donald…

2 days ago

HyroTrader: Ranked Among the Best Crypto Prop Firms and Redefining the Industry Through Innovation and Scale

Prague, Czech Republic, 1st September 2025, ZEX PR WIRE, In the rapidly evolving world of…

2 days ago