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Wall Street is moving in positive territory on the back of US labor market data, released before the opening. In the first few minutes of trading, the S & P500 index rose by 0.2% to new all-time highs at 4,330 points, while the Dow Jones remained sluggish with a weak + 0.1% at 34,640 points. New records also for the Nasdaq which marks a + 0.56% to 14.606 points.
The US economy created 850,000 new jobs in June, well beyond expectations. Economists had forecast growth in new jobs of 706,000, following the payroll hike of 559,000 in May. The unemployment rate, on the other hand, rose to 5.9% in June, disappointing the expectations of analysts who expected a decline to 5.6%.