New York (AFP)

The New York Stock Exchange ended up sharply on Thursday, reassured by the evolution of the Evergrande crisis in China and satisfied with the message from the American Central Bank (Fed).

The Dow Jones closed up 1.48%, at 34,764.82 points, the Nasdaq index with strong technological representation, gained 1.04% to 15,052.24 points, and the extended S&P 500 index, 1 , 21% to 4,448.98 points.

After a turbulent start to the week, the indices returned to, or even exceeded, their levels last Friday.

Paralyzed for a few days by a possible large-scale financial crisis in China, the market was reassured Thursday by the beginning of an orderly resolution of the crisis facing real estate developer Evergrande, explained JJ Kinahan, head of market strategy at TD Ameritrade.

According to several media, the Chinese financial market regulatory authorities on Thursday gave the leaders of Evergrande a series of instructions, asking them in particular to avoid a default on their debt denominated in dollars.

However, warns the analyst.

"when you have these kinds of huge stories they tend to come up, so I wouldn't say we're done."

Investors were also quite satisfied with the message delivered Wednesday by the American Central Bank (Fed), even if its tone was firmer than in the last communications.

The monetary institution "did not give an exact direction," admitted JJ Kinahan, "but it at least offered a little more clarity."

For the analyst, the Federal Reserve is considering an anticipated monetary tightening because the US economy is doing better than it had estimated so far, a sign of normalization welcomed by the market.

A sign that investors are starting to take into account the possibility of an anticipated rate hike, the interest rate on 10-year US government bonds rose violently on Thursday, to 1.43%, against 1.32%.

It even reached 1.4318%, a level it had not seen since July 6.

Among the stocks in shape, Thursday, Carnival jumped (+ 4.57% to 24.69 dollars) after the announcement that the cruise line planned to have returned to service more than 50% of its fleet by October.

Its competitors Norwegian Cruise Line (+ 4.92% to 27.29 dollars) and Royal Caribbean (+ 3.32% to 88.16 dollars) also benefited from this communication.

Helped by the prospect of a possible rate hike anticipated by the Fed, bank stocks did almost as well, like Bank of America (+ 3.86% to $ 41.69), JPMorgan Chase (+ 3.38% to 161.18 dollars) or Citigroup (+ 3.87% to 70.88 dollars).

As for the IT services specialist dedicated to customer relations Salesforce, it benefited (+ 7.21% to 277.86 dollars) from an increase in its 2021/22 revenue forecast (from February to January).

The group also gave a first estimate of its revenues for the following fiscal year (2022/23), which would represent an annual increase of more than 20%.

Also at the party, the Darden restaurant group benefited from the publication of a net profit above expectations (+ 6.11% to 159.50 dollars).

In the quarter from June to August, the operator of the Olive Garden chain did better than two years earlier, before the start of the pandemic.

The cable operator Altice USA, a former subsidiary of the Altice group still under the control of Patrick Drahi, unscrewed (-12.67% to 22.06 dollars) after the announcement, Thursday, by the general manager, Dexter Goei, that the group expected to lose between 15,000 and 20,000 subscribers in the third quarter.

© 2021 AFP