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WSE: After start on Wall Street
This afternoon, we learned the weekly number of applications for unemployment benefits in the US. The third week in a row this number is growing, and today significantly. The main value approached the psychological level of 300 thousand and is the highest since February last year. This is not a positive signal, because in conjunction with the worst monthly report may signal weaker performance of the labor market. Investors reacted immediately. The dollar is weaker (less chance of a rate hike), and stock indices went down.
U.S. Stocks open: Dow +0.30%, Nasdaq +0.38%, S&P +0.34%
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