Börse Express – New York Stocks: Robust job data drives recovery

NEW YORK (dpa-AFX) – Wall Street went on a recovery course on Thursday. After the last few cloudy days, the most important stock indices now rose by a good one percent each. Robust economic data in particular proved to be the driving force.

Der Dow Jones Industrial rose 1.21 percent to 34,793.53 points in early trading. The S&P 500 gained 1.29 percent to 4420.02 points. For the tech-heavy Nasdaq 100 it went up 1.46 percent to 14,989.84 points.

The situation on the labor market has surprisingly improved significantly. The number of weekly initial applications for unemployment benefits fell below 300,000 for the first time in the Corona crisis. The decline in assistance applications was also surprisingly clear./la/he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0244 2021-10-14/16:30

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