New York (AFP)

The New York Stock Exchange rose briskly at the opening on Thursday, cheered by a US central bank saying it was ready for new support measures when needed.

The Dow Jones Industrial Average, advanced at 13:45 GMT of 0.88%, to 26,736.62 points.

The high-tech Nasdaq index rose 1.11% to 8,075.89 points.

The broad S & P 500 index gained 0.94% at 2,953.84 points. He climbed after opening up to 2,956.20 points, exceeding his previous record during the session.

The NYSE had already closed in the green Wednesday after comments from the Federal Reserve (Fed) opening the door to a possible decline in interest rates: the Dow Jones had appreciated 0.15% and the Nasdaq 0.42%.

While the US president was pushing for lower rates, Fed officials decided Wednesday to leave them unchanged. But the institution also highlighted the worsening of economic "uncertainties" and assured that it will "do the right thing to support the expansion".

There are now more arguments for "a little more accommodating" monetary policy, Fed boss Jerome Powell also said at a press conference.

Several members of the Monetary Policy Committee are also projecting that rates will be lowered by the end of the year.

Market players are now 100% evaluating the probability of a rate cut in July, according to a tool from the CME platform.

The US 10-year borrowing rate moved to 1.995% on Thursday, falling below the 2% mark for the first time since November 2016.

"It is probably now more useful to think about what could prevent a decline in interest rates rather than what could cause a rise," commented Christophe Low of FTN Financial. "The Fed needs evidence of stabilization of manufacturing activity, solid job growth, continued consumer activity, etc.," he said.

Among the statistics of the day, the index of manufacturing activity in the Philadelphia region (northeastern United States) showed that it had almost stagnated in June.

Weekly jobless claims in the United States have fallen slightly to 216,000 new listings.

"The market's attention will now shift back to Sino-US trade talks" as Donald Trump plans to meet his Chinese counterpart Xi Jinping next week in Osaka on the sidelines of the G20 summit, predicted Art Hogan of National Holdings. Market players "hope that this meeting will put the negotiations back on track," he added.

? 2019 AFP