US stocks rose on Thursday for the first time since the beginning of this week. The value of the Standard & Poor's 500 has reached a historic high, reported Bloomberg.
The reason for this was due to the representatives of high-tech department, as well as the weakening of the US dollar and favorable news from the labor market.
"The bond market has stabilized, and the data on applications for unemployment benefits were positive, it gave the shares a more positive trend on Thursday," - says a senior portfolio manager at Columbia Threadneedle Investments Anvita Bahuguna.
The number of Americans who first applied for unemployment benefits last week fell by 1 thousand. That was a surprise to analysts, who expected to increase by 8 thousand.
All ten industry groups S & P 500 showed a rise on Thursday. The high-tech and consumer sectors were on the top.
Dow Jones Industrial Average on Thursday rose 191.75 points (1.06%) - to 18,252.24 points.
Standard & Poor's 500 on the basis of trades rose 22.62 points (1.08%) and amounted to 2121.1 points.
The value of Nasdaq Composite rose 69.1 points (1.39%) - up to 5,050.79 points.
The shares of Microsoft and Apple increased at least 2.3%.
The price of Facebook securities rose 3.7%, the biggest increase since October last year.
Shares of consumer products manufacturers that receive a significant portion of revenues from abroad also rose, including Altria - to 3,1%, Brown-Forman and Coca-Cola Enterprises (NYSE: CCE) - more than 2.2%.
In addition, the market value of the Johnson & Johnson (NYSE: JNJ) and Pfizer, producing health products, has increased by at least 1.2%.
Share prices of AcelRx Pharma Pharma jumped 8% on news of a grant from the US Department of Defense to develop a new anesthetic.
At the same time, the capitalization of the supermarket chain Kohl's has fallen by 13%, the biggest drop for one day in the company's history. Kohl's revenue in January-March did not meet market expectations.
Shares of other retailers also decreased significantly, including Target - 3.2% and Best Buy - 3.8%.
The prices for Harley-Davidson shares continued to decline for a fourth day, losing 2.1% on Thursday. As a result, the price dropped to its lowest level since 2013. Since the beginning of this year, motorcycle manufacturer has already lost 19% of market value, including about 7% this week.