New York (AFP)

The New York Stock Exchange rebounded Thursday, the day after a pullback, setting new records for the Nasdaq and S&P 500, pending official labor market figures for July on Friday.

According to final results, the Dow Jones index rose 0.78% to 35,064.25 points.

The Nasdaq, with a strong technological coloring, posted a new record at 14,895.12 points, up 0.78% as well.

The extended S&P 500 index grabbed its second record of the week at 4,429.10 points (+ 0.60%).

"Unemployment claims have helped" push up stock indexes, said Art Hogan of National Securities as new job seekers fell last week to 380,000 in the United States.

"If you look at the three-week jobless claims average, things are going in the right direction," the analyst added.

These data are a good point for the labor market before the publication Friday of the figures of job creation and unemployment in July in the United States.

The unemployment rate is expected to drop by 0.3 point to 5.6% with the creation of nearly one million jobs.

On Wednesday, a weak indicator on new private sector jobs last month chilled investors.

The publication by the Commerce Department of a record trade deficit in June at 75.7 billion, up 6.7%, testified to "an exploding domestic demand", noted Mahir Rasheed, Oxford economist. Economics.

Imports have climbed with the recovery of demand in the United States although exports are still struggling.

"The economic data is positive," said Art Hogan.

"There are signs that more people, afraid of the Delta variant, are going to get vaccinated. It helps morale in the market," he added.

Traditional sectors, sensitive to the recovery, rose such as hotels (+ 7.59% for Wynn Resorts), cruises (+ 6.48% for Norvegian Cruise) and travel sites (+ 5.85% for Booking).

Good results continued to rain, including those of ViacomCBS (+ 7.12%) and MGM International Resorts (+ 6.41%).

The leader in the reservation of cars with driver and Uber deliveries, which had announced an operational loss the day before but expected to be profitable in the fourth quarter, gained 3.01% to 43.07 dollars.

On the other hand, the Etsy e-commerce site dropped 9.74% because of prospects deemed disappointing despite an increase in its turnover in the second quarter

Very volatile, the title of the online broker Robinhood has lost more than a quarter of its value (-27.59%) to 50.97 dollars after having soared the day before.

The title of the popular application without commission fees was floated on the stock market last week at $ 38.

Its fall on Thursday came when Robinhood announced the upcoming release of an additional 97.8 million shares, sold in installments by its shareholders.

"Robinhood is the latest action + meme +," noted Datatrek analysts, citing GameStop-type "fire-of-the-pan" stocks that attract stock marketers online and are very volatile.

“On Robinhood, it looks like there is a large cohort of ambitious and aggressive investors using social media who have found a new playground,” concluded Art Hogan.

10-year bond yields rose slightly to 1.22% from 1.18% the day before.

© 2021 AFP