New York (AFP)

The New York Stock Exchange opened higher Thursday, rather confident in the resolution of the crisis that the Chinese real estate developer Evergrande is going through and after having quickly digested the announcements of the American Central Bank (Fed).

Around 2.15 p.m. GMT, the Dow Jones gained 1.37% to 34,729.22 points, the Nasdaq index with a strong technological component, 0.99% to 15,043.67 points and the extended S&P 500 index, 1.19% to 4,447 , 95 points.

According to Karl Haeling of LBBW bank, the market is being boosted by the latest developments in the Evergrande crisis.

The Wall Street Journal however reported Thursday that the Chinese authorities had asked local communities to prepare for a possible dismantling of the real estate giant.

The promoter will "do everything possible" to honor its commitments, its president, Xu Jiayin, told the Chinese official press.

"Everyone knows that Evergrande is finished, one way or another," commented Karl Haeling, but there is nevertheless "a growing optimist that China will not let it collapse by selling its assets in such a way. uncontrolled ".

Illustration of this sentiment, the price of bonds issued by Evergrande in dollars, which had lost more than three-quarters of their value, rebounded Thursday.

As for the announcements of the Fed, Wednesday, they were generally received with serenity by the investors, even if the general tone was more directed towards a monetary tightening than during the last meetings.

"The market's initial impression of this impending move (in monetary policy) is that it suits them," wrote Patrick O'Hare, in a note.

In the short term, the Fed remains exceptionally accommodating, recalled Karl Haeling.

Moreover, the fact that half of the members of the Fed's monetary committee are counting on a first hike in key rates from 2022 does not mean that this hike has been taken for granted.

"There is no consensus in 2022 or 2023," insisted Chris Low, chief economist at brokerage FHN Financial, in a note.

The Fed's announcements integrated by the operators, "you might see a return from some buyers", who had stepped aside before the meeting to avoid any uncertainty, said Karl Haeling.

In the bond market, investors were gradually integrating the scenario of closer monetary tightening.

The 10-year US government bond rate rose to 1.36% from 1.31% the day before.

On Wall Street, the specialist in IT services dedicated to customer relations Salesforce benefited (+ 4.78% to 271.57 dollars) from an increase in its 2021/22 turnover 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 restaurant group Darden benefited from the publication of a net profit above expectations (+ 8.30% to 162.79 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.

Carnival accelerated (+ 4% to 24.56 dollars) after the announcement that the cruise line planned to have more than 50% of its fleet back into service by October.

Its competitors Norwegian Cruise Line (+ 4.40% to 27.16 dollars) and Royal Caribbean (+ 3.09% to 87.97 dollars) also benefited from this communication.

Helped by the prospect of a possible rate hike anticipated by the Fed, bank stocks started the session with a bang, like Bank of America (+ 2.77%), JPMorgan Chase (+ 2.39%) or Citigroup (2.86%).

© 2021 AFP