Forex Analysis & Reviews: 06.08.2021 - American stock indices rose...

06.08.2021 09:07 AM

American stock indices rose 0.6-0.8%

The number of Americans applying for unemployment benefits for the first time last week fell by 14 thousand, that is, to 385 thousand people, according to a report from the US Department of Labor. This is the minimum level for the month. Analysts on average expected a decline to 384 thousand.

Meanwhile, the US trade deficit in June 2021 was $ 75.7 billion, up from a revised $ 71 billion in May, according to the country's Commerce Department. Experts on average expected the US foreign trade deficit to increase to $ 73.9 billion in June from the previously announced $ 71.2 billion in May.

Traders continue to closely monitor the worldwide spread of the new COVID-19 delta strain in an attempt to assess the potential impact on the global economy. The number of registered infections with the coronavirus COVID-19 in the world as of Thursday morning was 200 million 239 thousand 381, the American Johns Hopkins University reported. Since the beginning of the spread of the virus, the number of victims of diseases related to COVID-19 has reached 4 million 256 thousand 797 people.

Also in the spotlight are the statistics on the labor market, the publication of which is expected on Friday. Experts suggest that they will be key for the Federal Reserve System (FRS) against the background of the fact that the regulator is considering the possibility of tightening monetary policy.

According to investment strategist Edward Jones Angelo Kurkafas, this will be a big event this week, as it will directly affect the Fed's actions. Tomorrow's data and September's are critically important for the representatives of the regulator's management before deciding on the curtailment of stimulus measures and when and at what pace to implement it.

By the close of trading, the Dow Jones Industrial Average rose by 271.58 points (0.78%) and amounted to 35,064.25 points.

Standard & Poor's 500 gained 26.44 points (0.60%), rising to 4429.10 points. The indicator has renewed its all-time high.

The Nasdaq Composite rose by 114.58 points (0.78%) and amounted to 14895.12 points.

Uber Technologies shares rose 3%. The American taxi-ordering and food delivery company hit profitable levels in the second quarter of 2021 thanks to an unrealized revenue of about $ 1.9 billion from a revaluation of its stake in Didi Global Inc. and Aurora Innovation Inc.

Occidental Petroleum Corp. share price rose by 2%. The American shale producer cut its net loss in the second quarter of 2021 by 3.5 times compared to the previous quarter amid rising oil and gas prices.

Electronic Arts Inc. fell in price by 2.2%. One of the leading PC game manufacturers in the world reduced its net profit in the first financial quarter by 44%, but increased its revenue.

Etsy Inc. decreased by 9.7%, although the US online trading platform increased net income and revenue in the second quarter stronger than expected.

Moderna Inc. declined 0.7%, despite the fact that the American biotech company reached profitable levels in the second quarter of 2021. At the same time, profit significantly exceeded expectations on the background of the sale of 199 million doses of the coronavirus vaccine developed by the company.

你今天已经点赞上这篇文章了

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。

If you have any content questions, please contact editorial-board@instaforex.com

News

Thomas Frank,
Analytical expert of InstaForex
© 2007-2025

该作者的更多文章

EURUSD

Euro vs US Dollar

选择时间框架

分钟

小时

天

周

开始交易

通过InstaForex赚取加密货币汇率变动的收益。

下载MetaTrader 4并开启您的第一笔交易。

推荐文章

4月25日美國市場新聞摘要

華爾街上揚：納斯達克指數大漲2.74%，科技股領漲市場

財報巡禮：從Adidas的運動鞋到Boeing的噴射機，季度報告推動市場

4月24日美國市場新聞摘要

特朗普行動，市場反應：日經指數上漲2%，美元走強

4月23日美國市場新聞摘要

特朗普發表言論後市場反應：日經指數上漲2%，美元走強，中國觀望結果

4月22日美國市場新聞摘要

川普、美聯儲和黃金達到3,000美元？市場對令人驚訝的信號作出回應

美國市場新聞摘要—4月21日

Top analytics