Daily Report 04.06.2021
Објавено: 04. 06. 2021

Dow ends day flat as economic comeback plays offset losses in tech; European markets close mixed as mining stocks fall; Saint-Gobain up 4% 
Cyclical stocks lifted the Dow Jones Industrial Average higher on Thursday, while better-than-expected labor market data also helped sentiment. 
The blue-chip Dow last traded 21 points higher after shedding 265 points at its session low. The S&P 500 declined 0.2% and the tech-heavy Nasdaq Composite fell 0.8%, but both traded off their lows. 
Shares of General Motors rose 3% after the company said it expects its results for the first half of 2021 to be “significantly better” than its prior guidance. 
On the data front, private job growth for May accelerated at its fastest pace in nearly a year as companies hired nearly a million workers, according to a report Thursday from payroll processing firm ADP. 
Total hires came to 978,000 for the month, a big jump from April’s 654,000 and the largest gain since June 2020. Economists surveyed by Dow Jones had been looking for 680,000. 


The pan-European Stoxx 600 index ended the session just below the flatline. Basic resources fell 1.9% to lead losses, with miners Anglo American and Antofagasta dropping 2.9% and 3.6%, respectively. 
Shares of Saint-Gobain were up 4.1%, making it the best performer on the Stoxx 600 index after the French construction materials group said it expected record operating income and margin for the first half of the year, Reuters reported. 
Source: CNBC