New York (AFP)

Wall Street was rising Thursday after the return to growth in the United States thanks to the historic jump in gross domestic product in the third quarter.

After opening in the red, the Dow Jones Industrial Average gained 0.12% to 26,552.17 points around 2:05 pm GMT.

The Nasdaq, with strong technological coloring, rose more frankly by 1.09% to 11,124.77 points and the extended S&P 500 index gained 0.56% to 3,289.22 points.

The major New York indices were nevertheless heading towards their worst week since March.

The New York Stock Exchange on Wednesday accused its steepest fall since June, undermined by the likely impact on the economy of the second wave of Covid-19 and new containment measures announced in Europe: the Dow Jones had fallen by 3 , 43% and the Nasdaq by 3.73%.

US GDP climbed 33.1% at an annualized rate between July and September, according to a preliminary estimate from the Commerce Department released Thursday.

For Patrick O'Hare of Briefing, however, this GDP report did not cause a real shock to the New York Stock Exchange, because investors had anticipated a sharp rise and they continue to expect turbulence in the coming years. month.

"There is no recovery plan in the United States, there is the uncertainty linked to the presidential election (American, editor's note), there is an outbreak of cases of coronavirus contamination and new efforts by authorities to limit the spread via containment measures or targeted closures ", lists the expert.

"Life is not going to become + normal +, even if a vaccine is approved in January, before the end of next year or maybe even in 2022", he continues.

Before the quarterly results of Alphabet (parent company of Google), Amazon, Apple and Facebook, which will be unveiled after the close of Wall Street on Thursday, the big technology stocks were rising.

This salvo of results "is the equivalent of a danger to the power of four for Wall Street and each of them could have an influence on the market between Thursday evening and Friday because of the gigantic market capitalizations of these groups", notes JJ Kinahan by TD Ameritrade.

Among today's values, Moderna rose 2.34%.

The American biotech said it received $ 1.1 billion in deposits in the third quarter for its vaccine against Covid-19, still in the clinical trial phase but for which it "is actively preparing" for the launch.

The share of the semiconductor manufacturer Inphi (+ 23.39%) soared after the announcement of its takeover by rival Marvell Techology (-6.51%).

© 2020 AFP