(News Bulletin 247) – The prospect of a positive epilogue to the debt ceiling soap opera boosted investor morale on the New York Stock Exchange on Thursday: the Dow Jones gained nearly 0.5% to 33,062 points and the Nasdaq Composite jumped about 1.3% to 13,101 points.

After the green light from the Republican-dominated House of Representatives to raise the debt ceiling, which came the night before, investors were still confidently awaiting that of the Senate, with a Democratic majority.

The predominant optimism in this file overshadowed statistics that illustrated the resilience of the US labor market, an element likely to prompt the Fed to continue its key rate hikes.

Thus, the private sector generated 278,000 jobs in May, a figure down slightly from 291,000 the previous month, but above all well above expectations, according to the monthly survey published on Thursday by ADP.

On the other hand, the US manufacturing sector showed signs of weakness, as the ISM index contracted to 46.9 in May, while the PMI index stood at 48.4, thus falling below 50. without change.

“New orders fell at a solid pace, but production was supported by a further reduction in work books,” said S&P Global, also noting that incoming costs experienced their first drop in three years.

In securities news, Salesforce dropped 5% despite the cloud-based enterprise software designer’s upward revision of its annual targets when it was released on Wednesday evening. of its quarterly results.

If the operators did not finally sanction the lowering of annual objectives of the distributor Macy’s (+ 1.2%), they were much less magnanimous as for that of its peer Dollar General, whose title plunged 19 .6%.

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