New York (AFP)

The New York Stock Exchange hit new highs with the Nasdaq and the S&P 500 on Monday, buoyed by the Fed boss's cautious tone and a resurgence of enthusiasm for tech stocks.

According to final results, the Nasdaq index, where technology stocks are concentrated, climbed 0.90% to 15,265.89 points, breaking a new record, as did the extended S&P 500 index at 4,528.79 points ( + 0.43%).

The Dow Jones index of flagship stocks fell back slightly to 35,399.84 points (-0.16%).

Jerome Powell, President of the US Central Bank (Fed), gave the equity market reason to move forward on Friday by showing little rush to cut asset purchases, let alone raise rates interests, noted most analysts.

Although he confirmed a possible decrease in cash injections this year, he did not give a timetable and insisted on the necessary improvement in the labor market.

In his address to Jackson Hole, "Jerome Powell was still a little more accommodating than expected," said Gregori Volokhine of Meeschaert Financial Services.

"The idea of ​​investors is that if it is more accommodating, it is because there may be a slowdown in the economy," he added.

"And when there is a slowdown, we go back to old recipes that work: it's called big technology caps."

These big names in tech thus pulled the Nasdaq to its 32nd record of the year on Monday: Apple finished up 3.04% to $ 153.12, Amazon 2.15% to $ 3,421.57 , Facebook by 2.15% to 380.66 dollars.

- Rich week -

The week, which will be rich in indicators, began with a decrease in housing sales promises in July in the United States.

It will continue with consumer confidence on Tuesday, manufacturing sector activity on Wednesday, labor costs and industrial orders on Thursday to peak with job creation and unemployment on Friday.

For these eagerly awaited employment figures, analysts predict 750,000 new hires last month, down from 943,000 job creations in July.

The unemployment rate at 5.4% could drop to 5.2%.

Investors also monitored the impact of Storm Ida in Louisiana, where many oil refineries are located.

The entire city of New Orleans is plunged into darkness.

On the stock chart, Paypal's stock jumped 3.64% to $ 288.47 as the electronic payments group gears up to offer online brokerage, according to CNBC information.

Its future rival in this field, Robinhood, lost almost 7% to 43 dollars.

The price of the popular app was also depressed by statements from the boss of the Stock Exchange Constable, the SEC, to Barron's magazine site.

Garry Gensler has indicated that he does not rule out banning certain transactions that allow Robinhood to offer free brokerage operations.

Affirm Holdings, which offers shopping on credit solutions, saw its stock explode + 46.67% to $ 99.59 after announcing it had reached an agreement with Amazon to offer payments on credit to its customers.

Airlines like Delta, United Airlines and American Airlines plunged more than 3% after the European Union reimposed restrictions on non-essential travel from 5 countries including the United States.

The shares of video game groups have faltered in the wake of new Chinese restrictions on the sector.

Activision Blizzard ("Call of Duty") lost 1.59%, the video game platform Roblox fell 4%.

The title of video conferencing application Zoom, which closed up 1.96% to 347 dollars, lost almost 8% in electronic exchanges after announcing results in line with forecasts.

Yields on 10-year Treasuries were down a bit to 1.28% from 1.30%.

© 2021 AFP