7/1/2020, 3:30 PM (Source: TeleTrader)
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Wall Street opens higher after ADP jobs data

Shares on Wall Streets traded higher at the sessions' open on Wednesday, after the data released by the ADP and Challenger, Gray & Christmas, Inc. The ADP's report revealed the number of jobs in the US private sector went up by 2.37 million in June, while the latter data revealed job cuts in the country plunged by 57% in the same month.

The Dow Jones Industrial Average gained 0.26% at the open, as Pfizer jumped 4.56% at 9:31 am ET. At the same time, the S&P 500 increased by 0.18% as FedEx skyrocketed 13.97% at 9:32 am ET. At the opening bell, the Nasdaq 100 stood flat, but it turned to gains minutes into the trading session, with Booking Holdings leading the gains.

The euro lost 0.09% against the dollar, buying at $1.12243 at 9:32 am ET.

Baha Breaking the News (BBN) / BU