Sunday, May 8, 2016

US exchanges: Weak jobs figures weigh – Dagens Industri

Updated 2016-05-06 16:25. Published 2016-05-06 16:22

Large companies index Dow Jones Industrial Average was at 16:03 down by 0.1 percent to 17,639. The broader index S & amp; P 500 declined 0.2 percent to 2,047 while the technology-heavy Nasdaq Composite fell 0.3 percent to 4,702.

the interest rate on the ten-year bond was up 2 basis points to 1.76 percent while trettioårsräntan rose 2 basis points to 2.62 percent.

the well-guarded employment data showed that the number of jobs outside agriculture in the US increased by 160,000 people in April. The outcome was lower than market expectations, which were for an increase of 202,000 people. In addition, revised results for March and February down.

The unemployment rate was 5.0 percent in April, which was in line with expectations, which stood at just 5.0 percent. The outcome for March was unrevised 5.0 percent.

“US employment statistics April were disappointing compared to expectations. Although one should not conclude that the US economy slowing down for good, making today’s figures it even less likely that the Fed will seriously consider an increase at the June meeting. ” It writes Jan von Gerich, analyst at Nordea, in a statement.

Among the companies have budaktuella Medivation again rejected the offer from the French Sanofi. This despite the fact that Sanofi on Thursday sent a letter in which it said that if Medivation not agree to participate in takeover talks, it will apply directly to the shareholders. Sanofi wrote that already in talks with shareholders and that support for a takeover was “overwhelming”. Medivation rose 1.6 per cent in the opening trade.

Owners steps all 17.3 percent after having reported better than expected results for its first quarter. Furthermore adjusted full-year forecasts for 2016 up. The company tracks are now revenues of 690-709 million dollars, compared with the previous 685-700 million.

Go Pro dropped 6.1 percent after the camera maker after yesterday’s closing stock market recorded a weak interim report . Earnings per share were 0.78 dollars for the first quarter, compared with $ 0.11 per share in the corresponding quarter last year.

Health Product Company Herbalife rushed 11.0 percent for a report for the first quarter came in above market expectations.

Later tonight, the clock 19.00, presented weekly statistics of active oil and gas rigs in North America.

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