New York (AFP)
Wall Street opened on Thursday, boosted as the day before by the accommodating tone of the boss of the US central bank (Fed) Jerome Powell during a congressional hearing.
Its flagship index, the Dow Jones Industrial Average, gained 0.52%, at 26,998.89 points around 14:00 GMT, soon after having exceeded for the first time the threshold of 27,000 points.
The broad S & P 500 index rose 0.24% to 3,000.29 points.
The Nasdaq index gained 0.19% to 8,218.43 points.
This high-tech index had ended at a record Wednesday on the New York Stock Exchange at 8,202.53 points (+ 0.75%), in the wake of the intervention on Wednesday of Mr. Powell, suggesting a decline in rate of interest at the next meeting of the institution on 30 and 31 July. The Dow Jones gained 0.29%.
"The stock market ignites after the intervention of Jerome Powell," commented Patrick O'Hare of Briefing.
In front of US parliamentarians, the head of the central bank has left the door open for a further decline in interest rates by drawing a mixed picture of the US economy.
Rate cuts are generally viewed favorably by investors as they facilitate borrowing conditions for households and individuals in the United States.
Indices rose particularly since this intervention because more brokers now expect a more significant rate cut than initially anticipated.
The US leader also spoke Thursday before the Banking Committee of the Senate.
Among other important news on Thursday, the airline Delta Air Lines announced "record" results in the second quarter, marked by a jump of more than 39% of its profits, and in the wake raised its annual forecasts. His title took 1.24%.
Among the indicators, consumer prices in the United States modestly advanced in June over a month but more than expected by analysts, according to the CPI price index released Thursday by the Department of Labor.
In the bond market, the interest rate on US 10-year debt stabilized at 2.087% against 2.061% the day before closing.
© 2019 AFP