The number of job creations in June exceeded expectations in June (206,000 after 218,000 and 190,000 estimated) but that of May was revised downwards and the unemployment rate increased more than expected (4.1% after 4.0% and 4.0 estimated). All this, against a backdrop of deceleration in wage growth to 4.1% against 4.0% in May.
The Model Y, the American brand’s best-seller You’re here (+2.13% to 251.52), has been included by local authorities in China on a list of electric and plug-in hybrid vehicles as models eligible for government procurement, Chinese state media The Paper reported Thursday. This is the first time that Tesla vehicles can be purchased by the government in China. In addition, environmental authorities in the German state of Brandenburg, where Tesla has built a gigafactory, have approved the group’s application to expand its Gruenheide plant, removing a hurdle in its growth plans.
Macy’s jumped 9.54% to 19.64, Arkhouse Management and Brigade Capital Management are said to have raised their offer to buy the department store chain to around €6.9 billion, according to the Wall Street Journal.
KKR (+0.02% to 106.08) and Francisco Partners would be in the running to acquire Instruction (+5.29% to 24.68), a US education software provider with a market capitalization of $3.4 billion. The European Commission has asked Amazon (+1.22% to 200) to provide more information on the measures taken by the American e-commerce giant to comply with its obligations under the Digital Services Act (DSA).
Chinese groups listed on Wall Street, such asAli Baba (-1.39% to 74.52), JD.com (-0.41% to 29.76), Tencent (-2.74% to 14.53) and PDD Holdings (-0.84% to 136.19), were sold while stock indices in Asia are at their lowest level for four and a half months, weighed down by the financial and consumer sectors.
Digital Marathon lost 3.86% to 20.17, in the wake of the fall of bitcoin, to its lowest level in four months.
Niu Technologies appreciated by 4.67% to 1.905, the electric scooter specialist reported 256,162 sales in the second quarter against 211,996 units a year ago.
THE Dow Jones thus gained 0.17% to 39,375.87 points, the Nasdaq Composite 0.90% to 18,351.34 points and the S&P 500 0.54% to 5,567.19 points.
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