At 2:03 pm (Brasília time) on Wednesday (07), the Dow Jones Industrial Average recorded losses of 0.02%, traded at 33,440 points. The market assimilates the information that the number of people who filed for unemployment benefits in the United States rose 16 thousand in the week ended April 3, to 744 thousand requests. The result shows an economic worsening still in the midst of the coronavirus pandemic, well above the analysts' expectation of 694 thousand requests and 728 thousand requests in the previous week. In addition, there is caution about the speech by the President of the Federal Reserve (FED) in the International Monetary Fund (IMF) today. Yesterday (07), the ATA of the last monetary policy meeting was released, pointing out expectations that the North American economy will take “some time” to recover from the current financial and health crisis.
This text was translated by machine from Brazilian Portuguese.