New York (AFP)

The New York Stock Exchange ended in the green Wednesday after three sessions of decline, driven by optimism on the Sino-US trade front and by the sharp rise in oil prices.

Its flagship index, the Dow Jones Industrial Average, rose 0.53% to 27,649.78 points.

The Nasdaq, with strong technological color, took 0.54%, to 8,566.67 points, and the expanded S & P 500 index gained 0.63%, to 3,122.76 points.

In the aftermath of Donald Trump, seeming to indicate that a trade agreement with Beijing could be postponed after next year's presidential election in the United States, investors found Wednesday reasons to hope.

According to Bloomberg, citing sources close to the negotiations, the first two world powers have in fact approximated a text, which could emerge before the new wave of US customs surcharges scheduled for December 15.

"This is a situation where the lashes succeed with pouting," Peter Cardillo analysis of Spartan Capital Securities.

"Today's enthusiasm has allowed investors to turn to certain values ​​that had declined in the recent decline," added the expert.

The New York market was also buoyed by the strong surge in black gold prices, which mainly benefited the energy sector, whose sub-index within the S & P 500 rose 1.57%.

On the eve of the OPEC summit in Vienna, some market players are banking on even greater cuts in cartel production and its allies.

Inventories of crude oil in the United States fell for the first time in six weeks, according to weekly figures from the US Energy Information Agency.

- Pichai, boss of Alphabet -

Among the indicators, job creation in the United States slowed significantly in November, according to the monthly survey of the firm ADP business services. The private sector created 67,000 jobs last month after 121,000 in October. Analysts were expecting 175,000 new jobs in November.

Business growth in the US also slowed in November, according to the index of the professional association ISM.

"This underscores that the official report on the unemployment rate and job creation released on Friday could indicate that the job market is starting to crack," Judge Cardillo said.

In the bond market, the 10-year rate on US debt rose after falling sharply the day before. Around 21:35 GMT, it stood at 1.772% (against 1.716% at the close on Tuesday).

Among the values ​​of the day, Alphabet, the parent company of Google, took 1.87%. The group said on Tuesday that Sundar Pichai, already boss of Google, took over the head of Alphabet, replacing Larry Page, co-founder with Sergey Brin of the giant of the internet. Messrs. Page and Brin remain however shareholders and members of the Board of Alphabet.

The online travel agency Expedia climbed 6.21% while the group, struggling to adjust to the evolution of its market and undermined by disastrous results, Wednesday dismissed its CEO Mark Okerstrom and its chief financial officer Alan Pickerill.

United Airlines sold 0.79%. The airline announced Tuesday that it has ordered 50 Airbus 1321s to replace its aging Boeing 757 fleet. Boeing's share price was down 0.92%.

© 2019 AFP