The Dow Jones index reached an all-time high right after the opening of the markets in the United States this Thursday (30), extending a record rally, as the drop in weekly requests for unemployment benefits in the country showed that there was still no impact of the increase in coronavirus infections in employment.
Financials, materials and energy, which are likely to benefit in an environment of improving economic prospects, led gains among nine of the 11 major S&P 500 industry indices that traded higher.
Data from the US Department of Labor showed that the number of Americans filing jobless claims dropped to 198,000 in the Christmas week, down from 205,000 the week before. Economists polled by Reuters were forecasting 208,000 requests for the last week.
Stocks are on a rally, albeit at lower trading volumes, as evidence has emerged that the Ômicron variant causes less severe infections than the Delta strain.
The Dow Jones rose 0.38% to 36,626.21 points. The S&P 500 had a positive variation of 0.12%, at 4,798.94 points. The Nasdaq Composite retreated 0.01% to 15,756.40 points.
Stock markets are currently in a historically strong period, also called the “Santa Claus Rally,” which typically occurs in the last five sessions of the year and the first two of the new year.
Reference: CNN Brasil
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