New York (AFP)

The New York Stock Exchange moved in dispersed order Friday shortly after the opening, rejoicing at a lower than expected unemployment rate in the United States but remaining under the impact of its heavy fall the day before.

Around 1:55 p.m. GMT, its flagship index, the Dow Jones Industrial Average, rose 0.24% to 28,360.23 points.

The Nasdaq, with a strong technological coloring, lost 1.76% to 11,256.86 points and the extended S&P 500 index lost 0.54% to 3,436.45 points.

Wall Street sank Thursday at the close and experienced its worst session since June, marking a sudden stop after starting September on the hats of wheel: the Dow Jones had sunk 2.78% and the Nasdaq by 4.96%.

The unemployment rate in the United States fell to 8.4% in August, dropping below 10% for the first time since April and falling far more than expected from July, the Labor Department said on Friday.

Analysts were indeed expecting 9.8%.

In July, unemployment was 10.2%.

In addition, the US economy created 1.4 million jobs in August, in line with expectations.

However, these figures remain far from the level before the pandemic, with the US economy employing 11.5 million fewer jobs in August than in February.

For JJ Kinahan, head of market strategy for TD Ameritrade, Thursday's data "seems to provide initial support for major indices."

"It is possible that part of the heavy losses of yesterday reflected fears of bad figures", continues the expert.

However, the big tech stocks, already damaged by Thursday's tumble, continued to decline, which particularly weighed on the Nasdaq: Apple lost 3.49%, Facebook 3.18%, Microsoft 2.04% and Alphabet ( the parent company of Google and YouTube) 2.31%.

"The question that arises is whether the stock market can go forward or if the stock market giants, engines of growth and dynamism, will again encounter problems and bring down the entire market", s 'asks Patrick O'Hare of Briefing.com.

Investors were also preparing for a three-day long weekend in the United States, with major financial markets closed on Monday due to Labor Day.

On the bond market, the 10-year rate on the US debt rose to 0.6755% against 0.6347% Thursday night.

© 2020 AFP