At 3:05 pm (Brasília time) on Friday (08), the Dow Jones Industrial Average recorded losses of 0.31% and was trading at 30,948 points. The session reflects the technical movement of realization in profits after gains earlier in the day, record highs the day before signs of US economic weakness amid the pandemic. The market assimilates the United States Department of Labor report that pointed out that 140,000 jobs were closed in December 2020, the first time in eight months amid economic pressure with the second wave of coronavirus contamination. The unemployment rate was 6.7% in the period. In addition, more than 4,000 coronavirus deaths have been reported in the United States in the past 24 hours, reaching a new record for the third straight day and contradicting expectations of vaccination control, as well as in countries in Europe and Asia. On a positive note, the market expects that new fiscal stimulus to the United States will be approved under President-elect Joe Biden, who will take office on January 20.
This text was translated by machine from Brazilian Portuguese.