U.S. Stocks Edge Up as ADP Employment Data Exceeds Expectations; Nike and Nvidia Struggle
ADP(ADP) Gurufocus·2024-10-03 00:30
U.S. stocks experienced modest gains with the Dow Jones Industrial Average rising by 68.04 points (0.16%) to 42225.01 points. The Nasdaq Composite increased by 51.52 points (0.29%) to 17961.88 points, and the S&P 500 index climbed by 7.36 points (0.13%) to 5716.11 points.Chinese stocks listed in the U.S. broadly rose, with the Nasdaq Golden Dragon China Index surging around 3%. Despite the rise, short-sellers of Chinese stocks faced significant losses, estimated at approximately $6.9 billion in market value ...