And the THIRD QUARTER WILL BE EXPLOSIVE GROWTH...RIGHT THROUGH THE ELECTION, AS THE TREASON-O-CRATS TRY EVERYTHING THEY CAN TO HARM AMERICANS, AND STOP ECONOMIC RECOVERY...LIKE MADEUP "RUSSIA" BULLSHIT IN THE NY SLIMES...AGAIN....THE US ECONOMIC JUGGERNAUT IS ROLLING...AGAIN....NO THANKS TO THE SLIME-O-CRATS:
Dow Jones Today Leads Stocks Higher On Jobs, Manufacturing Data: Pfizer Surges On Vaccine News
Stocks were off to a positive start for the third quarter on Wednesday, climbing after June hiring data showed a sharp reversal vs. May, manufacturing was stronger than expected and as positive coronavirus vaccine news bolstered confidence. FedEx took an early lead following a strong earnings report. Beyond Meat spiked on a new partnership with Alibaba Group. Meanwhile, Pfizer spiked nearly 4%, leading the Dow Jones today, as its vaccine candidate performed well in accelerated clinical trials.
June Hiring Jumps, PMI Returns To Expansion
ADP's National Employment Report showed the continued, massive movement underway in labor data. U.S. nonfarm private sector employers added 3.369 million workers in June. The number was a vast reversal from May's steep job losses of 2.760 million, although short of economist estimates for 3.5 million new hires in June.
Small and large business ran unusually close for the month, with employers of 49 or fewer workers adding 937,000 names to their payrolls. Businesses with more than 500 employees took on 837,000 new workers during the month. Service providers did the most hiring, with 1.912 million additions. Construction companies took on 394,000 employees. Manufacturers added 88,000.
The ADP report is typically seen as a precursor to the Labor Department's June payrolls report due out on Thursday.
Manufacturing data also helped give a boost to the Dow Jones today, as researcher Markit reported its June manufacturers purchasing managers index rose to a reading of 49.8. That was a sharp jump above May's 39.8 tally, and above forecasts for an increase to 49.6.
The June manufacturing PMI from the Institute for Supply Mangement was even strong, surging to 52.6 — back above the 50 mid-point which separates expansion from contraction.
https://www.investors.com/market-tr...baba-deal-fedex-q4-win/?src=A00220&yptr=yahoo
NOW WATCH THE TREASON-O-CRATS LIE AND CRY.......
Dow Jones Today Leads Stocks Higher On Jobs, Manufacturing Data: Pfizer Surges On Vaccine News
Stocks were off to a positive start for the third quarter on Wednesday, climbing after June hiring data showed a sharp reversal vs. May, manufacturing was stronger than expected and as positive coronavirus vaccine news bolstered confidence. FedEx took an early lead following a strong earnings report. Beyond Meat spiked on a new partnership with Alibaba Group. Meanwhile, Pfizer spiked nearly 4%, leading the Dow Jones today, as its vaccine candidate performed well in accelerated clinical trials.
June Hiring Jumps, PMI Returns To Expansion
ADP's National Employment Report showed the continued, massive movement underway in labor data. U.S. nonfarm private sector employers added 3.369 million workers in June. The number was a vast reversal from May's steep job losses of 2.760 million, although short of economist estimates for 3.5 million new hires in June.
Small and large business ran unusually close for the month, with employers of 49 or fewer workers adding 937,000 names to their payrolls. Businesses with more than 500 employees took on 837,000 new workers during the month. Service providers did the most hiring, with 1.912 million additions. Construction companies took on 394,000 employees. Manufacturers added 88,000.
The ADP report is typically seen as a precursor to the Labor Department's June payrolls report due out on Thursday.
Manufacturing data also helped give a boost to the Dow Jones today, as researcher Markit reported its June manufacturers purchasing managers index rose to a reading of 49.8. That was a sharp jump above May's 39.8 tally, and above forecasts for an increase to 49.6.
The June manufacturing PMI from the Institute for Supply Mangement was even strong, surging to 52.6 — back above the 50 mid-point which separates expansion from contraction.
https://www.investors.com/market-tr...baba-deal-fedex-q4-win/?src=A00220&yptr=yahoo
NOW WATCH THE TREASON-O-CRATS LIE AND CRY.......
