Stocks

Wall Street Opens Higher After Jump in March Hiring; Dow up 90 Pts By Investing.com

© Reuters.

By Geoffrey Smith 

Investing.com — .U.S. stocks opened higher on Wednesday after payrolls processor ADP registered a jump in private-sector hiring March, reassuring participants that the U.S. economy is starting to put its Covid-19 nightmare behind it. 

said 517,000 private-sector jobs were created in the month through mid-March, less than the 550,000 expected but still almost three times February’s number and a clear sign of life in a service sector that accounts for most of the current 10 million-job shortfall in the economy, measured against pre-pandemic levels. 

By 9:40 AM ET (1340 GMT), the was up 87 points, or 0.3%, at 33,154 points. The was up 0.4% and the was up 1.0%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button