Wall Street has climbed this Thursday (Dow Jones:+0.77%; S&P500:+0.83%; Nasdaq:+1.02%) And he has marked new historical maximums both for him S&P 500 as for him Nasdaq, while the Dow Jones Keep trying to approach 45,000 points. Investors have remained attentive to several factors, on a day that has been in Half -session format (With closure at 7 in the afternoon, Spanish time), before National Festive of July 4. In the weekly computation, New York indices have ended a upward week, with the Dow Jones leading ups (+2.30%), followed by S&P 500which has won 1.72%, and Nasdaq, which has advanced 1.61%.
Employment report
The most outstanding economic reference has been the June Employment Report, that has shown an unexpected acceleration of the labor market with the creation of 147,000 new payrolls in the sixth month of the year, above the 110,000 that the consensus expected.
Kathleen BrooksXTB research director, says that «this is One of the most shocking positive surprises in recent months» The possibility of a cut in July has dissipated, The market initially expected a 25% trial of cut this morning, which has now been reviewed to 4%, «he adds. About the Fed, Trump has asked Jerome Powell's resignation on Thursdaywith whom he maintains a hard struggle to support to lower interest rates. The JUNE SERVICES ISMwhich has returned to expansion territory after rising to 50.8 points.
Trump tax reform
In addition, the USA Chamber of Representatives has definitely approved Donald Trump's fiscal law, After validating the changes introduced by the Senate, so the president of the country can sign it this Friday, Independence Day, as desired. The vote has resulted in 217 votes in favor and 212 against, and has been preceded by a marathon debate in which the Democratic leader Hakeem Jeffries He beat the camera record with an intervention of almost 9 hours, in which he urged those present to vote against the law. «All we need are Four Republicans, only four, demonstrate a courage like John McCain's«He said, although legislators have paid little to these words and have voted in favor of the law.
Tariff negotiations
The other great focus on the market is in the commercial negotiations that maintains US with its main partners, due to the proximity of the deadline of the July 9 given by Trump to achieve agreements. After the commercial pact with VietnamUSA continues to negotiate with Japan, the European and Indian Unionthree of its main commercial partners. At the moment, India is the closest to reach an agreement, the conversations with the EU continue, and the negotiation with Japan seems stagnant.
Other markets
Oil Brent 0.71% has fallen ($ 68.82), the euro 0.40% ($ 1,175) and the ounce of gold has yielded 0.46% ($ 3,344). For its part, the profitability of the 10 -year -old bonus has rebounded 4.34%, and the Bitcoin has lost 0.19% ($ 109,302).
