Dow Jones hits 25,000 points for first time after strong jobs report - business live

superbeets

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Dow Jones hits 25,000 points for first time after strong jobs report - business live

[FONT=&quot] Donald J. Trump‏Verified account @realDonaldTrump 31m31 minutes agoMore


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[FONT=&quot]Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing.
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superbeets

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[h=2]Dow hits 25,000 points after strong jobs data[/h][FONT=&quot]Update: Get out the Dow 25k hats!
The Dow Jones industrial average has just risen through the 25,000 point mark for the first time ever, as it keeps hitting new highs.
The bull market has swept shares upwards in the last year or so - 12 months ago, the Dow was below 20k.

RANsquawk
✔@RANsquawk


Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K Dow 25K
2:36 PM - Jan 4, 2018

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superbeets

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US jobs report smashes forecasts


NEWSFLASH: America’s private sector created many more jobs than expected last month, in the latest sign that the US economy is robust.


US companies hired 250,000 new workers in December, according to payroll firm ADP.

That’s the biggest monthly increase since March,

Economists had only expected an increase of 190,000; this suggests that tomorrow’s non-farm payroll report (the main US employment gauge) could be strong.


View image on Twitter

ADP NATIONAL EMPLOYMENT REPORT SHOWS U.S. EMPLOYMENT INCREASED BY 250,000 PRIVATE SECTOR JOBS IN DECEMBER
1:15 PM - Jan 4, 2018

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superbeets

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[FONT=&quot]Paul Ashworth of Capital Economics is also impressed by today’s US jobs report.[/FONT]
[FONT=&quot]He writes:[/FONT]

That 250,000 ADP gain, up from 185,000 in November, was probably skewed upwards by the recent strength of the official non-farm payrolls figures, however, which are used as one of the inputs. Nevertheless, after the earlier disruption caused by the hurricanes, the labour market clearly ended 2017 with some considerable momentum.



Looking at the ADP details, the gains were broad-based, with the manufacturing sector adding 9,000 jobs and construction adding 16,000. Within the services sector, the 72,000 gain in professional & business services was particularly encouraging, since jobs in that sector tend to be relatively well paid.

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superbeets

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[h=2]US stocks hit fresh record highs[/h]
[FONT=&quot]Boom! America’s stock market has hit a new alltime high at the start of trading.


Although the weather is pretty awful in New York, with temperatures below freezing, the mood on Wall Street is positively fizzling.


The Dow Jones industrial average has jumped by 67 points at the open, a gain of 0.27%, to 24,990 points for the first time ever.

Photograph: Bloomberg TV


Traders are impressed by today’s ADP jobs report, showing the strongest employment growth since March.
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superbeets

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[FONT=&quot]The Dow is continuing to hit new heights, and is now up 173 points or 0.7% at 25,097.

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[FONT=&quot]Wall Street titans Goldman Sachs and JP Morgan are the biggest risers, both up around 2%, followed by American Express and IBM.[/FONT]

 

superbeets

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Here’s Associated Press’s take on today’s Wall Street action:

The Dow Jones industrial average traded above 25,000 points for the first time, blasting through another 1,000-point milestone.

The Dow’s latest breakthrough came in early trading Thursday and just five weeks after closing above 24,000 points for the first time.

Technology companies and banks had some of the biggest gains in early trading. Wells Fargo rose 1.9 percent and Microsoft rose 0.7 percent.

The Standard & Poor’s 500 index rose 9 points, or 0.3 percent, to 2,722.

The Dow Jones industrials increased 118 points, or 0.5 percent, to 25,037. The Nasdaq climbed 16 points, or 0.2 percent, to 7,081.

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superbeets

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Greenbacks

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Thankyou)(&

 

Greenbacks

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Creeping towards 26,000

25,800

Wow

 

mplastered

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I'm up 40% the last 3 years. This is awesome.

 

GasMan

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Wait a fucking minute guys..before you get too happy with yourselves and "YOUR" retirement income (that someone else helped you get)...

Don't you fucking know Trump called some other countries SHIT HOLES ! !!

What is wrong with you guys? Don't you know this guy is a lunatic and not fit for office? We must impeach him immediately

 

mplastered

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Sorry, got carried away