Major U.S. stock-indexes higher on Wednesday, after three straight days of declines, as weak private sector hiring tempered expectations of a September interest rate hike. The ADP National Employment Report showed private employers added 185,000 workers in July, the smallest growth since April and lower than the 215,000 increase forecast by economists surveyed by Reuters. The weaker-than-expected data indicates that the economy lost some momentum at the start of the third quarter and reduces expectations of a strong reading in the government's payrolls report due Friday.
Almost all of Dow stocks in positive area (27 of 30). Top looser - The Walt Disney Company (DIS, -8.08%). Top gainer - Apple Inc. (AAPL, +2.00).
All S&P index sectors also in positive area. Top gainer - Technology (+1,5%).
At the moment:
Dow 17557.00 +103.00 +0.59%
S&P 500 2102.50 +19.50 +0.94%
Nasdaq 100 4623.25 +71.50 +1.57%
10 Year yield 2,28% +0,07
Oil 45.35 -0.39 -0.85%
Gold 1082.80 -7.90 -0.72%
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