PARIS (Reuters) – The New York Stock Exchange moved close to equilibrium on Thursday amid questions about the evolution of the tightening of monetary policy in the United States.
A few minutes after the start of trading, the Dow Jones index lost 0.04% to 33,651.11 points and the Standard & Poor’s 500 nibbled away 0.04% to 4,269.42 points.
The Nasdaq Composite took 0.37%, or 47.886 points, to 13,152.781.
On the bond market, the yield on two-year Treasuries fell by three basis points to 4.521%.
Futures on the S&P-500 and Nasdaq 100 erased their losses as the Labor Department announced an hour before the opening a stronger-than-expected rise in the number of jobless claims last week, to 261,000, a high since October 2021.
Six days before the announcements of the Fed committee on its rates, this indicator somewhat calms the surge of uncertainty that has won over investors since the Bank of Canada’s unexpected rate hike on Wednesday.
“With the central bank of Australia and Canada not only surprising markets with a rate hike, but also signaling that they may not be done, investors had a wake-up call. call’ before the Fed’s decision,” said Raffi Boyadjian, at XM.
On the stock market, the GameStop title fell by 17%, the video game distributor having announced disappointing quarterly results, the dismissal of its general manager Matt Furlong and the appointment of investor Ryan Cohen as executive chairman.
(Laetitia Volga, edited by Blandine Hénault)
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