The number of people applying for unemployment benefits for the first time in the United States dropped to 385,000 last week, a decrease of 14,000 on a weekly basis. This is a two-week decline, indicating that the labor market has improved, but the spread of the new crown variant virus may pose risks to economic recovery. In addition, the US trade deficit widened to US$75.7 billion in June, exceeding market expectations and widening by 7% on a monthly basis. US stocks opened, the Dow rose 100 points to 34,893 points. The index rose 10 points to 4413 points. The Nasdaq…