New York (AFP)

The New York Stock Exchange on Friday concluded a weak rise that allowed the Dow Jones and the S&P 500 to complete their 4th record of the week.

According to final results, the Dow Jones finished with an increase of 0.04% to 35,515.38 points, a new record after that of the day before, as for the extended S&P 500 index at 4,468.00 points (+0 , 16%).

This is the 48th record of the year for this index, the most representative of the American market.

The technological-colored Nasdaq advanced 0.04% to 14,822.90 points.

Over the week, the increase in the main indices is modest, despite the spectacular stacking of records themselves obtained despite concerns related to the expansion of the Delta variant of Covid-19.

The Dow Jones advanced 0.87% and the S&P 0.64% over the week.

The Nasdaq is down 0.09%.

"The shares traded in a narrow range Friday as investors digested information on company results but also economic indicators," said analysts at Wells Fargo.

On the macroeconomic front, the University of Michigan's preliminary survey on consumer confidence in August, released in the middle of the morning, threw a chill.

The barometer stood at 70.2 points deteriorating 13.5% from July.

This fall is one of the most severe in 50 years for this index.

While consumers are "rightly concerned about a possible decline in the performance of the economy over the next few months", this fall "also reflects an emotional reaction, mainly due to dashed hopes that the pandemic will end soon. ", indicated Richard Curtin, chief economist in charge of the monthly survey, very followed by the markets.

Positive signal, however, the import price index for July, published by the Ministry of Labor before the opening, was less strong than expected (+ 0.3% instead of + 1.1% ).

This is the smallest increase in import prices since November.

"This is a sign that inflation may be taking a break when it comes to importing inflation from abroad," said Peter Cardillo of Spartan Capital Securities.

- Rate easing -

Bond rates have eased squarely, the yield on the 10-year Treasury bill stood at 1.2817% against 1.3590% the day before.

The dollar fell against the euro and the major currencies.

In a weak market on a Friday in August, corporate results continued to dominate the trend.

Disney, which announced Thursday second quarter results that delighted investors, concluded up 1% to 181.08 dollars after having already jumped 5.36% the day before.

Its Disney + platform now has 116 million subscribers, more than expected.

The e-commerce site EBay, which had been shunned by Wall Street when it announced its second quarter results Thursday, found favor with investors climbing 7.45% to 74.02 dollars.

The DoorDash delivery man, penalized at the start of the session despite an almost doubling of his sales but a greater loss than expected, finally ended up in the green (+ 3.50%).

© 2021 AFP