American indices closed higher, as investors reacted positively to the employment report, which described a very dynamic labor market but that implies an increased risk of a rise in interest rates. The employment report allayed, at least temporarily, investors’ fears in relation to a US recession scenario. In February, the US economy generated 242,000 jobs, which add up over 30,000 resulting from the upward revision of the readings from December and January. The unemployment rate stood at 4.90%, recording no change facing January. Economists had anticipated the creation of 195,000 jobs and an unemployment rate of 4.90%. However wages fell 0.10% in February. In this context, where rising wages in recent months is interrupted, the decline recorded in February may lead the Fed to take more caution before raising rates. Another consequence of the employment report was that some economists began to revise upwards the estimates for the 1st quarter of this year. Generally, this period is the least dynamic of the year. According to the econometric model of the Fed Atlanta, US GDP is expected to grow 2.20% in the 1st quarter instead of the 1.90% previously estimated.