The U.S. indexes made a step backwards at the beginning of today’s session, which last for the current quarter after disappointing data on the labor market of today. They showed that employment in the private sector of the U.S. economy unexpectedly fell in March, with another 23 thousand people were unemployed. Market expectations were for an increase in the number of jobs by 40 thousand this month. Worse than expected and proved data on factory activity in the North Western United States, which slowed its pace of growth in March. The index of economic activity in the factory sector in the Chicago area dropped to 58.8 points in March to 62.6 in February. The indexes withdrew part of its initial decreases after it became clear that new orders for the production of manufactured goods rose for the sixth consecutive month in February. This is a good sign for the economy because it portends greater activity in the manufacturing sector in the coming months. The index that tracks the value of new factory orders rose by 0.6 percent compared to January when increased even more by 2.5% on a monthly basis. The index of 30 most traded companies with the highest market capitalization Dow Jones IA lost 0.1 percent to 10 891.7 points an hour after the start of the session. The broader S & P 500 gave up 0.1 percent to 1 171 points and Nasdaq Exchange Nasdaq Composite main index remained unchanged at 2 410.57 points.
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The latest this week in the U.S. trading session began with strong increases in three major indexes, after earlier today showed that initial unemployment in the country has fallen to its lowest level in 19 months, while factory activity in the sector reached its highest point for six years. The index of 30 largest and most traded companies in the Dow Jones IA U.S. rose by 0.7% to 10 396.82 points one hour after the start of the session. The broader S & P 500 advanced by 0.8% to 1 179.14 points and Nasdaq Exchange main index Nasdaq Composite, meanwhile, added 0.7 percent in value to 2 415.13 points. Stock optimism today was supported by data on the labor market, which showed that the planned redundancies reduced for the 13th consecutive month in March, and new applications for unemployment benefits fell to its lowest level since August 2009 here. The number of long-term unemployed Americans is also reduced. Finance Minister of the United States, however, warned in a television interview today that unemployment in the U.S. can remain “unacceptably high” for an extended period of time. He stated that at this stage, the country can not afford to reduce its budget deficit at the expense of supporting the economy forward CNBC. Even better were the data after the start of today’s trading session, which showed that U.S. factory sector recover more quickly from the crisis. The index, which monitors business activity in it, rose for the eighth consecutive month in March and reached 59.6 points to its highest level in six years.
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