U.S. stocks open slightly higher after ADP employment report

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U.S. stocks opened slightly higher Wednesday, as investors weighed a national employment report from ADP that pointed to jobs growth in September that was...

U.S. stocks opened slightly higher Wednesday, as investors weighed a national employment report from ADP that pointed to jobs growth in September that was slower than Wall Street expected. The Dow Jones Industrial Average DJIA, +0.12% was up 0.2% soon after the opening bell, while the S&P 500 SPX, +0.33% gained 0.2% and the Nasdaq Composite COMP, +0.59% increased 0.3%, according to FactSet data, at last check. Payroll-processing company ADP estimated on Wednesday that the U.S.

Treasury yields were trading down Wednesday morning ahead of the ADP report, moving slightly lower from there as investors digested the jobs data. Ten-year Treasury yields are now trading down about five basis points at around 4.75%, according to FactSet data, at last check.

 

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