US stocks close without a single sign with payroll on the radar

New York stock markets closed without a single signal on Friday. Risk appetite was contained and the picture was negative for most of the day in equities, after the monthly US jobs report (payroll) brought job creation at a strong level, which raised bets on higher interest rates in the United States. United. There was, however, an improvement in the picture at the end of the trading session.

The Dow Jones Industrial Average closed up 0.23% to 32,803.47 points, the S&P 500 was down 0.16% to 4,145.19 points and the Nasdaq was down 0.50% to 12,657.55 points.

On a weekly basis, the Dow Jones Industrial Average was down 0.13%, the S&P 500 was up 0.36% and the Nasdaq was up 2.15%, with balance sheets also in focus.

The US economy created 528,000 jobs in July, more than expected by analysts, and the unemployment rate dropped from 3.6% to 3.5%. In addition, the average hourly wage increased more than expected, which points to still high inflationary pressures. Analysts in general considered that the indicator released this Friday reinforces bets on higher interest rates, to contain the inflationary scenario.

Among the sectors on the New York stock exchanges, the negative tone prevailed, but some sectors rose. Energy was the highlight, supported by gains in oil, and financials also did well. Among some key stocks, JPMorgan rose 3.03%, Citigroup gained 0.78% and Wells Fargo 2.31% among banks.

Chevron closed up 1.65% and ExxonMobil up 1.45%.

On the other hand, Meta was down 2.03%, Apple was down 0.14%, Amazon was down 1.24% and Microsoft was down 0.26%. Boeing was also among the lows, at 0.88%, but Caterpillar advanced 0.95% and General Electric gained 0.94%.