Wall Street: increase WW applications US damper for scholarships

The number of unemployment applications in the US reached 965,000 last week, the highest point since August. Scholarships in New York respond according to the futures plane. Investors are looking forward to the speech of the new President Biden for the allocation of new state aid to the economy.

The number of applications for benefits reported in the United States decreased by 181,000 on a weekly basis to almost one million (965,000) for the period ending January 9.

But that decline is lagging behind with what the market had calculated: 800,000, compared with 784,000 a week before. The 965,000 applications have been the low point since 22 August. At that time, over 1 million applications were submitted.

Flat opening

The Dow Jones index and S&P 500, according to the latest futures, will now start a fraction higher at 15.30 p.m. Technology fonses in the Nasdaq are losing ground.

According to Broker IG, the markets look forward to the number of aid applications as an indicator of the economic situation.

The price of oil, gold and silver deteriorated in value. The remuneration for the 10-year US government bond increased by 15 basis points to 1.103%.

Biotech top man Bancel of Moderna pressed the vote by reporting that the world will never get rid of the SARS-COV-2 virus.

On the exchanges, video gameretailer GameStop notes higher, after 6% profit on Wednesday. The share went up by 57% for a short time this week; analysts see a lot of speculators working here.

The effect of quarterly figures seeped through. Asset manager BlackRock reported a profit of $10.18 per share, well above the $9.14 that was predetermined among analysts.

Delta Airlines rose 1.9%. It reported a quarterly loss of $2.53 per share, with $2.50 for sales in the fourth quarter.

Car builder Tesla lost 1%. It has to bring back 158,000 cars to the garage due to a malfunction of the central control screen.

Payment processing PayPal received a completely own payment platform in China, as the first foreign company. It bought out the 30% stake of GoPay.

Webshop Amazon is under attack from regulators, it would have disadvantaged competitors for its e-books with its market power.

The Snap share responded to the permanent blockade it made for President Trumps account.