U.S. stocks open higher as Wall Street attempts to extend 3-session winning streak after ADP jobs report

U.S. stock indexes opened higher on Wednesday after private sector employment data shows job creation slowed more than expected in August, the latest indication that the resilient labor market is starting to cool down under pressure from higher interest rates. Wall Street is trying to build on a three-day winning streak with the S&P 500 SPX, +0.07% up 0.1% at the open, while the Dow Jones Industrial Average DJIA, +0.20% rose 65 points, or 0.2%, to 34,908, and the Nasdaq Composite COMP, -0.

Payroll services firm ADP on Wednesday reported that private-sector jobs rose by 177,000 in August, lower than the 200,000 increase economists had expected, and far below the revised 371,000 job additions in the prior month. Meanwhile, the U.S. economic growth expanded at a somewhat slower 2.1% annual pace in the second quarter, revised figures show on Wednesday. It is a slight downward revision from the preliminary 2.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Asian shares boosted by Wall Street rise on consumer confidence and jobsAsian shares are trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »

Stock market today: Global shares mostly rise after Wall Street rally on consumer confidenceGlobal shares are mostly trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »

Stock market today: Global shares mostly rise after Wall Street rally on consumer confidenceGlobal shares are mostly trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »