NEW YORK: The
Dow and S&P 500 edged to new records on Wednesday
ahead the official US jobs data for June, with the outlook buoyed by a
strong ADP private sector report.
The Dow Jones Industrial Average
gained 20.17 points (0.12 per cent) to 16,976.24, while the broad-based
S&P 500 added 1.30 points (0.07 per cent) at 1,974.62. Both notched
records for the second day in a row.
The tech-rich Nasdaq Composite Index slipped 0.92 points (0.02 per cent) to 4,457.73.
Payrolls
company
ADP said the private sector added 281,000 jobs in June, surging
higher from 179,000 in May. That came ahead of Thursday's Department of
Labor report on job creation and unemployment nationwide in June.
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