NEW YORK (Reuters) – The New York Stock Exchange ended higher on Friday, with the Nasdaq and the S&P 500 still benefiting from hopes of a weaker interest rate hike from the Federal Reserve in the face of a weaker economy. inflation in the United States.
Values sensitive to rate expectations, Amazon shares (+4.3%), Apple and Microsoft, both at more than 1%, notably favored the progression of the Nasdaq, which closed the week with its best weekly gain since March (+8.10%).
Thursday, S&P and Nasdaq had recorded their largest increase in a session in more than two and a half years after the announcement of a more marked slowdown than expected in inflation in the United States, which returned below 8% in annual rate for the first time since February.
In a large volume of 13.5 billion shares traded, defensive stocks were abandoned on Friday, in particular health stocks including UnitedHealth, which weighed on the Dow Jones, which took only 0.10% to 33,749, 18.
The S&P-500 gained 0.93% to 3,993.05 points and the Nasdaq Composite climbed 1.88% to 11,323.33 points.
The S&P 500 gained 5.90% on the week, the Dow Jones 4.15%, according to preliminary data.
(Written by Jean-Stéphane Brosse)
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