Indices in the USA Started the Day with an Increase

Indices in the USA started the day with an increase in value on the last trading day of the week.

Indices in the USA started the day with earnings. At the opening, the Dow Jones index gained more than 100 points. Thus, it rose by 0.56 percent to 31,228.82 points. The S&P 500 index gained 0.46 percent to 3,889.50 points and the Nasdaq index rose 0.24 percent to 13,810.14 points. Indices in the American stock market were positive at the opening despite the economic data coming below expectations. According to the data announced today in the USA, non-agricultural employment increased by 49 thousand people in January and was realized below expectations. The unemployment rate in the country, on the other hand, decreased from 6.7 percent to 6.3 percent in January contrary to expectations. In the USA, the foreign trade deficit increased by 17.6 percent in 2020 compared to the previous year, with the effect of the coronavirus epidemic, reaching $ 678.7 billion. This data was recorded as the highest level in the last 12 years. Developments regarding the new stimulus package, which is expected to be implemented within the scope of combating the coronavirus epidemic, also remain in the focus of the markets. The US Senate approved the budget arrangement with 51 to 50 votes, which allowed the Biden administration to pass the $ 1.9 trillion support package without needing the support of Republicans. Equality was broken by the vote of Vice President Kamala Harris.