Dow Jones keeps gains, closes at new record

2021-05-06 05:05:50 GMT (Economies.com)
Dow Jones keeps gains, closes at new record

Most US stock indices rose on Wednesday, amid optimism about the US economic growth following the release of positive economic data.

 

ADB data showed today that the US private sector added 742K new jobs in April, the largest monthly rise since September, missing forecasts of 872K.

 

The data comes two days ahead of the US Labor Department's monthly jobs report for April.

 

The ISM US services PMI fell to 62.7 points in April from 63.7 points in March, worse than forecasts of 64.2 points.

 

To the oil market, WTI crude June futures fell 0.1% or 6 cents, and closed at $65.63 a barrel, after hitting a day high of $68.7 and a low of $64.9.

 

Brent June futures rose 0.1% or 8 cents, and closed at $68.96 a barrel, after hitting a high of $69.9 and a low of $68.3.

 

As for stocks, Dow Jones rose 0.3% or 97 points, and closed at 34,230, with a day high of 34,331, and a low of 34,039.

 

Nasdaq fell 0.4% or 51 points to 13,582, with a high of 13,753 and a low of 13,553 points.

 

S&P 500 rose 0.1% or 3 points to 4,167, after hitting a high of 4,187 and a low of 4,160.

 
 
 
  Symbol Last Change Chg.%
1.1943
0.0041
0.3403%
1.3930
0.0036
0.2580%
Tadawul
10919.68
6.62
0.06%
26.062
0.073
0.283%
73.500
1.674
2.331%
75.56
0.32
0.43%
1777.900
-0.490
0.028%
 
 
US
 
Europe
 
Asia