US stocks rise again following good hiring data

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NEW YORK (AFP) - Wall Street stocks rose early on Wednesday (Feb 5), advancing for the third straight session on receding fears about the new coronavirus and good US employment data.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks rose early on Wednesday , advancing for the third straight session on receding fears about the new coronavirus and good US employment data.

Markets were further propelled Wednesday when payrolls firm ADP reported that US companies added 291,000 jobs, much above expectations.About 15 minutes into trading, the Dow Jones Industrial Average stood at 29,066.64, up 0.9 per cent. Among individual companies, Disney dipped 1.3 per cent despite reporting better-than-expected quarterly results fuelled by box office hits from its latest entries in the Star Wars and Frozen series.

 

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