Weak start to the month for US stock markets – chip values ​​lower

Frankfort, New York Fears of an economic setback are keeping investors away from larger Wall Street exposures. The US standard value index Dow Jones closed 0.5 percent higher on Thursday at 31,656 points. The technology-heavy Nasdaq, on the other hand, fell 0.3 percent to 11,785 points. The broad S&P 500 gained 0.3 percent to 3966 points.

The US job engine continues to run at full speed, said Ronald Temple, US chief executive of wealth manager Lazard. “Even if Friday’s data show only 200,000-250,000 jobs added, the job market would still be too strong to control inflation. This means that the Fed still has work to do.” Experts expect 300,000 jobs to be created outside of agriculture in August, a little more than half as many as in the previous month.