NASDAQ updated the record maximum following the tech

NASDAQ updated the record maximum on Wednesday, and technological actions have become leaders of growth after weak employment data in the United States strengthened the hopes for the continuation of incentives from the Fed.

Shares of technological companies, which, as a rule, benefit from low-interest rates, increased by 0.7%, while the sectors considered as an alternative to bonds, such as the index of utility companies, increased by 1.2%.
Apple shares jumped by 1.9%, reaching record maxima, while Microsoft, Google, Amazon, and Netflix quotes increased 1%.

In August, the number of jobs in the private sector of the United States increased by 374.000, Automatic Data Processing Inc.

Analysts predicted that growth would be 613.000.

“If we see the retardation of employment on Friday, the Fed, most likely, will not offer to turn (incentives) until the labor market returns to the right direction,” said Sam Rouvel from CFRA.

The PMI index reflecting the activity in the US economy sector in August amounted to 59.9 points compared with 59.5 months earlier, an overview of the Institute of Supply Managers (ISM).

Sensitive to the economy, shares of energy companies, producers of raw materials and materials, and industrial enterprises fell by 0.6-0.9% while holding back the S & P 500 indices and DOW growth.

At the same time, the interests of banks that are sensitive to interest rates also retreated the background of a decrease in the yield of the US governmentalities.

The Dow Jonees index decreased by 0.05% to 35.342.58 points, the S & P 500 index rose 0.22% to 4.532.76 points, and NASDAQ added 0.65% to 15.358.29 points.