3/3, 10:36 AM (Source: TeleTrader)
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Dow jumps over 200 pts premarket ahead of ADP report

Shares on Wall Street traded higher during the premarket session on Wednesday with the Dow Jones jumping over 200 points. Traders awaited economic data reports, including the ADP Employment Report for February and the Federal Reserve's Beige Book.

Stocks got a boost from President Joe Biden, who said earlier that the United States will have enough coronavirus vaccine doses for every adult American by the end of May.

The Dow Jones rose 228 points at 4:30 am ET. At the same time, the S&P 500 gained 0.71% while the Nasdaq 100 climbed 0.87%. The euro was up 0.07% against the dollar at 4:35 am ET, buying 1.20994.

Breaking the News / JC