The US stock market ended up high, with investors reacting fundamentally to the testimony of former FBI director James Comey. The Dow Jones industrial average hit an intraday high following James Comey's comments, though he backed down. The S & P500 closed at a slight high, favored by banks (the SPDR S & P Bank ETF rose more than 2.50%) and conditioned by utilities. The testimony of the former director of the FBI was the event of the most awaited week and was closely monitored by investors to check on the possible impact of James Comey's words on the implementation of the pro-growth agenda announced by Donad Trump . In terms of economic indicators, the number of weekly applications for unemployment benefits decreased in the first week of June, thus being at least a few decades old. This indicator fell by 10 000 to 245 000 between 28 May and 3 June. Analysts had forecast a further decline to 240,000 applications, but for the 118th consecutive week that figures were below 300,000, signaling a healthy labor market. This is the longest series since 1970, when the labor market had a smaller size.