Here's what happened to the stock market on Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The major averages rallied Wednesday as investors snapped up shares in some of the more beaten-down parts of the market.

. The Dow posted its best rally since mid-July and closed less than 2% from an all time high.ADP said U.S. private payrolls grew by 428,000 in August

. Economists polled by Dow Jones expected a gain of 1.17 million. Peter Boockvar, chief investment officer at Bleakley Advisory Group, said the pace of hiring "has really slowed down over the past two months where the average is just 320k." Still, the major averages powered on higher.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Stock market up more at this point in Obama's presidency. Stock market and economy (jobs, GDP) also perform better historically under Democrats.

New disaster foreign policy. Majority UN security councils including Europian alies rejected 2nd RESOLUTION 4 last 3 weeks against Iran to extend sanction on trading weapons between Iran&the world after Oct.This is major fact of continuation of failed Tru/Pompeo foreign policies.

Coincidence or not, the day the Fed announced a massive injection of liquidity, the plunge in the market abated and the extraordinary recovery in stocks began.

Powell saw his portfolio skyrocket. Just like yesterday and the day before that. EndTheFed These criminals need life in prison.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens WednesdayShares of Macy’s rose after the embattled retailer saw digital sales during the pandemic surge 53% in Q2. Here are 5 things to know before the stock market opens today: We thought they were going bankrupt so we used all our outstanding gift certificates
Source: CNBC - 🏆 12. / 72 Read more »

Dow Jumps Over 150 Points As Stocks Continue Record RunStocks continued their strong start to what is historically a bad month for markets. The Dow which has been down for more than a month? That one?
Source: Forbes - 🏆 394. / 53 Read more »

Dow Jumps Over 150 Points As Stocks Continue Record RunThe Dow jumped over 150 points today as stocks continued their strong start to September by skleb1234 skleb1234 Trump gains in polls, investors open the wallet.... skleb1234 The poor stay poor the rich get rich, InTrumpsAmerica skleb1234 Tomorrow realDonaldTrump will claim this as done by his little and invisible hands
Source: Forbes - 🏆 394. / 53 Read more »

Here’s what could trigger more stock market pullbacks this year, says Schwab trading proThe big question for investors heading into September: Will this stock market will keep up the momentum? This expert thinks the market may soon deliver on some much-needed corrections. PENN TO THE MOON!! DDTG FTW!! 2-3% is a joke... No way stocks fall 2%. Not for several years.
Source: MarketWatch - 🏆 3. / 97 Read more »