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Wall Street finishes a week winning with more records
Written by Stan Choi, AP business author
New York (AP) – Most American stocks rose to Friday, and I sent Wall Street to more Records.
The S&P 500 has increased by less than 0.1 % to close its seventh week in the last nine, and the Dow Jones Industrial average increased 238 points, or 0.5 %. Both were added to the highest level ever in the previous day. Nasdaq Composite has lost an early gain and slides 0.3 % of its own record.
Usually on the first Friday of every month it has been transferred in Wall Street to update the monthly jobs published by the United States government. It shows the number of jobs created and destroyed by employers, with the unemployment rate as well.
This data is particularly important now, given the amount of Wall Street, it is installed on the expectation that the labor market is continuing to slow enough Get the Federal Reserve to continue to reduce interest rates. but The closing of the United States governmentNow on its third day, it is Delay the version.
So far, the US Securities Market looked at the past as delays, including the report scheduled for Thursday on unemployment claims.
The previous closure of the US government was tending to harm the economy or the stock market a lot, and thinking is that this may be similar, even if President Donald Trump has threatened Wide shooting from federal workers this time.
This leaves excitement about artificial intelligence and the huge spending on this as one of the main engines of the American stock market, which set the record after the record.
The industry obtained another batch after Hitachi signed in Japan a memorandum of understanding with OpenAI related to the operation of artificial intelligence. This was followed by a previous set of Openai ads with South Korean companies, which have paid stock prices there. Hitachi’s shares jumped by 10.3 % in Tokyo.
Artificial intelligence shares have become very dominant, and a lot of money has flowed to the extent that concerns are rising about a potential bubble that may eventually lead to disappointment for investors.
Nafidia, the inventory that has become the adhesive child, the mutation of artificial intelligence, has an early gain during the morning to finish with a decline of 0.7 %.
Applied materials fell 2.7 %. The company, which helps its equipment to make semiconductor chips, said it will take approximately $ 110 million for revenue in the fourth quarter due to a new base for the US Department of Trade to expand export restrictions to some customers in China.
But the gains for oil producers helped compensate for these losses. Exxon Mobil increased by 1.8 %, and DiamondBack Energy increased by 3 %, as the price of the raw claw for some of its sharp losses increased earlier in the week. Oil prices were fighting fears that the amount of raw in stocks would be very high for demand.
Entergy increased by 1.9 % after they said that her business in Arkansas would provide energy for the planned Google Establish $ 4 billion in the state, including a new data center.
Finally, the S&P 500 added 0.44 to 6,715.79 points. The Dow Jones industrial average rose 238.56 to 46758.28, and the Nasdaq compound decreased 63.54 to 22,780.51.
In stock markets abroad, indexes were mixed throughout Europe and Asia.
The Japanese Nikki 225 was a big winner and rose by 1.9 % thanks to part of the Hitachi jump.
In the bond market, the return on the cabinet increased for 10 years to 4.12 % from 4.10 % late on Thursday.
Reports are mixed with activity for American companies in the field of health care, real estate and other services industries. One of the Institute of Supply Management said the growth is suspended, while another said from the S& PLOBAL that he was still growing slowly.
The AP Teresa Cerojano and Matt OTT book contributed.
It was originally published:



