U.S. stocks score fourth straight day of gains ahead of inflation report

U.S. stocks closed higher Wednesday, booking gains for a fourth straight day as investors weighed signs of cooling in the labor market and revised data on economic growth in the second quarter. The Dow Jones Industrial Average DJIA, +0.11% ended 0.1% higher, while the S&P 500 SPX, +0.38% gained 0.4% and the Nasdaq Composite COMP, +0.54% rose 0.5%, according to preliminary data from FactSet.

A U.S. employment report Wednesday from payroll processor ADP showed fewer private-sector jobs were added in August than economists forecast. Investors also digested revised data from the Bureau of Economic Analysis, which showed the U.S. economy grew at a 2.1% annual pace in the second quarter, down from an earlier estimated 2.4%. A reading from the Federal Reserve’s preferred inflation gauge will be released before the market’s open on Thursday.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Fonte: NBCDFW - 🏆 288. / 63 Consulte Mais informação »

The Investing Club's top 10 things to watch in the stock market WednesdayStocks are poised to open slightly higher Wednesday, while Citigroup maintains a buy rating on Club name Apple (AAPL) ahead of its Sept. 12 product event.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »