AFP, New York :
Wall Street stocks powered to fresh records Thursday following a batch of mostly strong economic data that raised expectations for Friday’s US jobs report.
All three major indices finished at records, with the Dow Jones Industrial Average rising 0.7 percent to close at 21,144.18.
The broad-based S&P 500 rose 0.8 percent to end the session at 2,430.06, while the tech-rich Nasdaq Composite Index advanced 0.8 percent to 6,246.83.
Investors were cheered by news US companies added 253,000 jobs last month, reported by payrolls firm ADP. That was well above the 180,000 forecast by analysts, and boosted expectations the Labor Department’s May jobs report Friday also will show a strong gain.
US manufacturing data remained solid in May, while US car sales fell again, a decline that many analysts expected.
Wall Street stocks powered to fresh records Thursday following a batch of mostly strong economic data that raised expectations for Friday’s US jobs report.
All three major indices finished at records, with the Dow Jones Industrial Average rising 0.7 percent to close at 21,144.18.
The broad-based S&P 500 rose 0.8 percent to end the session at 2,430.06, while the tech-rich Nasdaq Composite Index advanced 0.8 percent to 6,246.83.
Investors were cheered by news US companies added 253,000 jobs last month, reported by payrolls firm ADP. That was well above the 180,000 forecast by analysts, and boosted expectations the Labor Department’s May jobs report Friday also will show a strong gain.
US manufacturing data remained solid in May, while US car sales fell again, a decline that many analysts expected.
