NASDAQ and S&P 500 renewed all-time highs

According to Thursday's trading data, major US stock exchanges are growing after the release of statistics on the country, and the NASDAQ and S&P 500 indices have renewed their all-time highs.

In particular, the Dow Jones Industrial Average rose to 35,459.41 points, the NASDAQ high-tech index rose to 15,373.28 points, and the S&P 500 broad market index rose to 4,543.8 points. Earlier, both indices reached highs of 15380.1 points and 4544.58 points, respectively.

The growth driver was the data on the number of initial applications for unemployment benefits in the United States. According to the latest statistics, the figure fell by 14 thousand, to 340 thousand, which turned out to be better than analysts' forecasts, who had expected the figure at 345 thousand.

In addition, the US trade deficit in July decreased by 4.3% compared to the revised figure in June, to $70.1 billion. At the same time, experts predicted a decrease in the indicator to $71 billion.

Tomorrow, all the markets' attention will be directed to the first September report of the US Department of Labor (Payrolls). According to forecasts, unemployment fell in August from 5.4% to 5.2%. Analysts also believe that the number of people employed in non-agricultural sectors of the economy increased by 750 thousand after an increase of 943 thousand. If the labor market indicators come out weak, it will mean that the US Federal Reserve will continue to adhere to its soft policy.