9/30, 2:50 PM (Source: TeleTrader)
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US shares turn positive in premarket trading

Shares on Wall Street turned to gains late in premarket trading on Wednesday following the release of the better-than-expected ADP employment report.

According to the new data, US companies added 749,000 payrolls this month, significantly above expectations and the revised 481,000 reading for August.

The Dow rose 0.17% at 8:45 am ET, while the S&P 500 gained 0.15%. At the same time, the Nasdaq 100 was up 0.06%.

Breaking the News / JC