- Dow Jones fell to its lowest fresh levels before recovering after printing NFP data.
- The United States added less than expected jobs in February while unemployment rose up.
- All previous wages, unemployment, and all NFP gains are revised.
Dow Jones Industrial Malce (DJIA) fought on Friday, as it decreased to the lowest level in seven weeks less than 42200 before it went to moderate recovery to the 42 and 800 region. That alludes to developing cracks in the American economic scene.
The salary company in the non -agricultural United States (NFP) showed a net increase of 151,000 new primary printing jobs in February. The number of revised print in January increased 125 km, but is still less than the medium market expectations of 160 thousand. The unemployment rate in the United States also increased slightly, up to 4.1 % from the previous 4.0 %, and investors hoped to have a fixed suspension in the previous number.
The average clock profit in the United States led to a complex image: annual wages rose to 4.0 % on an annual basis, but only after the annual profits in January decreased to 3.9 % of 4.1 %. The markets expected profits to come 4.1 % in February.
US President Donald Trump continues to distort the bolts over the tariff of the quantitative state in which there is no quality. The Trump administration went up to the customs duties that entered into force at the beginning of the week, as it was the axis of the car industry extensions, then a wide range of goods covered under USMCA. Less than 24 hours after the customs tariff concessions were granted, Donald Trump hit the wires again, with the possibility of giving secrets to the “mutual” tariff in Canada, just on Friday, but perhaps Monday or even Tuesday.
Dow Jones News
Despite the emptying of Friday, Dow Jones, with two -thirds of the shareholders ’gains for this day. Boeing (BA) is still in red for the day, a decrease of 3.0 %, and decreased to less than $ 154 per share because customs tariff threats are sufficient to damage suppliers exposed to cross -border transactions costs.
Strong profits and positive activity from the inside is the constant support for international business machines (IBM), which increased by 4.35 % to $ 260 per share on Friday. TECH GIANT overwhelmed the street with its recent profit reports, which enhances the device’s product and software. According to reports, David Far, a member of the IBM board of directors, added to his personal store for IBM shares, prompting some investors to follow.
Dow Jones price expectations
Dow Jones caught some pressure pressure early on Friday before restoring its position, wrestling with a 42800 handle. The main stock index is still low for the week after falling from the 44000 handle, but the downside remains limited and the declining pressure faces severe resistance.
The approach to the price is dangerously approaching the 200 -day SIA moving average (EMA) with a little less than the main price level 42000. Another batch will lead to the low side to end the 16 -month -long Dow Jones direction for its main moving average superiority.
Dow Jones Daily Plan
Economic indicator
Non -agricultural salary statements
The issuance of non -agricultural salary statements provides the number of new jobs created in the United States during the previous month in all non -agricultural companies; It is released by American work statistics office (BLS). Monthly changes in salary statements can be very volatile. The number is also subject to strong reviews, which can also lead to volatility in the Forex plate. In general, high reading is seen as a bullish country for the US dollar (USD), while low reading is considered declining, although previous months and unemployment rates are related to the main number. Therefore, the market reaction depends on how the market evaluates all the data in the BLS report as a whole.
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