While you were sleeping: US jobs exceed estimates

Wed, 05 Apr 2017

By Margreet Dietz April 6 (BusinessDesk) - Wall Street climbed, pushing the Nasdaq to a record high, as better-than-expected US jobs data bolstered optimism about the outlook for the US economy and corporate profits. An ADP Research Institute report showed US companies added 263,000 workers in March, far exceeding economists' expectations for 185,000. “Job growth is off to a strong start in 2017,” Mark Zandi, chief economist at Moody’s Analytics in West Chester, Pennsylvania, said in a statement, Bloomberg reported. Moody’s produces t...

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