US stock indices rose

The New York Stock Exchange rose on Thursday to close trading amid data showing an improvement in the US labor market.

Industrial index Dow Jones by the end of trading rose by 188.11 points (0.55%), up to 34,084.15 points. The S&P 500 index gained 43.44 points (1.06%) and was at around 4,159.12. The Nasdaq electronic exchange index climbed 236 points (1.77%) to 13,535.74.

The CNBC TV company notes that the growth of the indices was caused primarily by the publication of data on the state of affairs in the labor market. According to the relevant US department, the number of US residents who applied for initial unemployment benefits over the past week amounted to 444 thousand, dropping to the lowest rates since the beginning of the pandemic. According to experts, the data on this indicator should not have dropped below 452 thousand applications per week this time.

“The statistics on jobless claims proves once again that we are heading in the right direction,” Mike Lowengrant, director of investment at E-Trade Financial, was quoted as saying by CNBC. According to him, despite the alarming information about the inflation rate in the US, the situation on the labor market inspires optimism in investors.

4:20 p.m. US East Coast time, the price of WTI crude oil supplies in June fell by $ 1.43 (2.26%) to $ 61.95.