After a day of very considerable gains, Thursday’s session succumbed to the pessimism derived from the jobless claims, which with 3.8 million more in the last week brings to about 30 million the number of jobs lost in a few weeks, surpassing the entire labour market that had been created since the 2008 financial crisis. Red is transversal to all indexes, but unevenly, much more concentrated in small caps, reversing the trend of the last few days, with big caps , namely from the technological sector to hold the market a little, as can be seen by the fall of -0.9% in the Nasdaq, against -3.26% of the Russell 2000.
In raw materials, WTI crude stands out, which again shows a very considerable increase, exceeding 20%, pulling the price from almost $16 yesterday, to almost $19 per barrel today, however we will see how the value of gold negro will behave next week, as we approach the end of the June contract, not least because there are no major signs of changes in the fundamentals that led to the implosion of the price of the previous contract.
