Around 3.10 p.m., the Dow Jones was up 0.21% to 36,174.56 points, the Nasdaq index, with a strong technological composition, gained 0.12% to 15,879.44 points and the extended S&P 500 index, 0, 15% to 4,689.75 points.

The market was about to chain a third consecutive session of increase after the stall on Wednesday, following a very high inflation figure.

"Investors are reacting to the ability of the equity markets to receive very bad news and take it fairly well," commented Karl Haeling of LBBW bank.

Despite the shock of inflation over one year in the United States at 6.2%, the highest for 31 years, "we have barely lost 2% and we have already recovered most, to the point that we are 'ready to go for records again,' argued the analyst.

In tune, the bond market continued to calmly weather this inflationary surge.

The average 10-year US government bond rate remained close to its Friday level at 1.57% versus 1.56%.

In the macroeconomics department, Monday started off well, with the manufacturing activity indicator in the New York area which came out significantly above expectations for November, at 30.9 against 20.3 expected.

While 92% of S&P 500 companies have published their results this season, the market will be entitled to one last salvo this week, with mass distribution in the spotlight.

Home Depot and Walmart are due on Tuesday, then Target and Lowe's on Wednesday, ahead of Alibaba on Thursday, with arguably new indications on prices, costs and the state of the supply chain.

On Monday, Boeing was gaining ground (+ 3.39%), after statements by Airbus CFO Dominik Asam, who said on Sunday that the European aircraft manufacturer was not able to produce enough single-aisle devices to meet demand.

New decline for Tesla (-3.80%), already very heckled last week.

On Sunday, Managing Director Elon Musk again raised, during an exchange with Democratic Senator Bernie Sanders, the possibility of selling more of his shares.

He had already shed about $ 6.9 billion in Tesla securities last week.

The oat milk specialist Oatly stumbled (-19.39%), depressed by the publication of a quarterly turnover well below expectations.

US iron ore pellet producer Cleveland-Cliffs retreated (-3.03%) after the US government announced its readiness to discuss with Japan a reduction in tariffs on steel and aluminum imposed under the Trump presidency.

Same impact on the steel group US Steel (-3.11%), also shunned by investors.

The budget supermarket chain Dollar Tree surged (+ 13.71%), after the Wall Street Journal announced on Friday that activist fund Mantle Ridge had taken a stake of more than 5% in the capital and would demand a change of strategy.

© 2021 AFP