US equity markets saw a positive performance on Thursday, fueled by encouraging economic data. The Dow Jones Industrial Average closed at 44,484 points, marking a 0.5% increase compared to the previous trading day.
Shortly before the closing bell in New York, the broader S&P 500 registered at approximately 6,295 points, showing a 0.6% gain. The Nasdaq 100 index reached around 23,078 points, up 0.7%, both indices briefly touching new record highs during the session.
Investor sentiment was bolstered by the observation that tariffs implemented by the US President have, thus far, not significantly impacted retail sales or unemployment figures. June saw a rebound in retail sales, while initial jobless claims for the week leading up to July 12th fell to their lowest level in three months, suggesting ongoing economic robustness.
The Euro weakened against the US Dollar, exchanging at 1.1597 USD, or 0.8623 EUR per dollar.
Gold prices also experienced a decline, trading at $3,340 per fine ounce, a decrease of 0.2%. This translates to €92.60 per gram.
In contrast, oil prices saw a notable increase. Brent crude, a benchmark for North Sea oil, reached $69.58 per barrel, representing a 1.6% gain compared to the end of the previous trading day.