U.S. stock exchanges ended last week higher
The U.S. stock indices closed on Friday in the plus position on investors' optimism regarding the U.S. economic stimulus and the unemployment statistics. By the end of the day the Dow Jones added 0.18%, the S&P 500 gained 0.55% and the NASDAQ gained 1.03%. On Friday the Labor Department of the United States published the unemployment data for December. Despite analysts' expectations, the unemployment rate did not increase compared to November and remained at 6.7%. At the same time, the number of employed people in sectors unrelated to agriculture, dropped by 140 thousand, not justifying forecasts - experts believed that it will grow by 71 thousand. The fall in employment in 2020 took place in three months - March, April and December. According to the head of MJP Wealth Advisors Brian Wendig, whose words are quoted by Reuters, the hopes of investors to expand economic support will be able to override all the risks associated with the fall of the economy.