The Dow Jones Index (DJI) after market close on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York City
The New York Stock Exchange opened cautiously higher on Thursday after two economic indicators and before a speech from the President of the Federal Reserve (Fed), Jerome Powell, expected later in the day.
In early trading, the Dow Jones index gained 0.24% to 44,063.87 points and the broader Standard & Poor's 500 rose 0.06% to 5,989.42 points.
The Nasdaq Composite rose 0.1% to 19,249.39 points.
Investors learned an hour before the opening of an unexpected decline in weekly jobless claims in the United States and a stronger-than-expected rise in producer prices year-on-year in October, signaling the resilience of the economic activity across the Atlantic as the Fed began its cycle of monetary tightening.
Jerome Powell is expected to provide details on the state of health of the American economy during a speech planned in Dallas at 8:00 p.m. GMT.
In terms of values, Walt Disney climbed 10.8% after largely exceeding expectations for its fourth quarter results, driven by the success of the Marvel film “Deadpool & Wolverine”.
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(Written by Blandine Hénault)
