Wall Street up after debt deal and jobs data

Frankfurt The approval of the US debt deal and the latest US jobs data make investors on Wall Street cautiously optimistic. The Dow Jones index of standard values ​​was 0.4 percent at 33,188 points when it opened on Friday. The broader S&P 500 gained half a percent to 4,241 points. The Nasdaq technology exchange index climbed 0.7 percent to 13,190 points.

After the House of Representatives, the Senate on Thursday also approved legislation suspending the US $31.4 trillion debt ceiling. A default by the USA has thus been averted.

In addition, the US unemployment rate rose to 3.7 percent in May from 3.4 percent in April. This fueled new hopes that the US Federal Reserve would pause interest rates.

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