The big European stock markets have closed with increases this Thursday, although they have been affected by the bad start of Wall Street after spreading that the weekly unemployment claims in the US have fallen, an indicator that the labor market remains strong and gives room for new increases of types.
Frankfurt has gained 1.33% and has been close to breaking all-time highs, Paris, 0.64%; London, 0.25%; Milan, 0.14%; Madrid, 0.02%; and the Euro Stoxx 50 index, which brings together the main listed companies, 1.02%.
The European markets have traded with clear gains that, in the case of the German DAX, exceeded 1.5%, but the fall on Wall Street at the opening has reduced them and has almost left markets such as Madrid in losses .
Jobless claims fell last week, contrary to what analysts had expected, and once again reflect that despite strong rate hikes in the past year, the labor market remains strong.
The Federal Reserve (Fed) takes into account, in addition to inflation, the progress of the labor market to make its interest rate decisions
In addition, the president of the Federal Reserve Bank of Dallas, Lorie Logan, said on Thursday that the economic data does not justify, for the moment, a pause in rate hikes.
The euro has continued its depreciation and is exchanged at 1.07 dollars after closing the stock markets, which increases its fall to 0.7% since last Monday; and Brent oil costs $75.6 a barrel, 1.6% less than the day before.
The yield on the debt of the eurozone countries has risen by around one tenth of a percentage point and the interest on the ten-year German bond, considered the safest, has closed at 2.441%.
Source: Elcomercio
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