The share of the American technology giant “Apple” rose 4.69% during the last trading week on Friday, to register a weekly increase of 2.44%.
stock movements
Over the past week, the Nasdaq Composite Index has been the sole gainer, with the index rising 0.07%.
The Nasdaq also recorded an increase in trading on Friday of 2.25%, to reach the level of 12235.41 points.
While the “Dow Jones” industrial index fell by 1.24% during the week, despite the sharp rise in trade on Friday, by 1.35%, to reach the level of 33,674.38 points.
The Standard & Poor’s 500 index fell 0.80% on the week, although it rose 1.85% on Friday to the level of 4136.25 points.
Banking stocks rose sharply, with Bacoist Bank’s share rising 81.70% on Friday to $5.76, but over the week it fell 43.08% of its value.
The same was true for Western Alliance Bank, which rose 49.23% on Friday to $27.16, but posted a weekly decline of 28.05%.
The US economy added 253,000 new private sector jobs during the month of April, well above expectations of just 180,000 jobs.
According to data from the US Department of Labor, March data has been revised down, to show the addition of just 165,000 jobs instead of 236,000 as previously reported.
Despite the severe crisis in the US banking sector, the number of jobs in the sector increased by 23,000 jobs.
Data from the Department of Labor showed that the unemployment rate in the world’s largest economy fell to 3.4% in April, the lowest level since 1969, contrary to expectations that it would rise to 3.6%. .
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