This Friday, Wall Street closed with weekly gains of around 3%. This favorable development came after the release of employment data in the United States that exceeded expectations. This was accompanied by some optimism generated by trade negotiations between Washington and Beijing, as well as by the positive quarterly results of large companies globally.
The Dow Jones index closed up 0.5%, the S&P 500 rose 0.4%, and the Nasdaq gained 0.1%. These results led to a weekly advance of around 3% for the three main indices of Wall Street.
One of the key factors that boosted market optimism was the employment report in the U.S., which showed figures exceeding expectations regarding job creation. On the other hand, the expectations of a possible trade agreement between the United States and China also contributed to the positive atmosphere in the stock market. Additionally, the favorable quarterly results presented by numerous companies globally influenced investors' positive perception.
In the financial realm, the week concluded with encouraging data that supported the increase of stocks on Wall Street and generated a favorable outlook for the weekly close in the main stock indices.
