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The US Stock market experienced a positive opening Wednesday after upbeat data has helped drive the Dow to all time highs. In the United States, the ADP Employment Change continued this trend, reporting a figure of 198K in February, against expectations of only 170K.
Beginning with the indices and composites, the NASDAQ jumped +0.10% as it settles in region of 3227.21, up +3.10 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1543.73, ascending +4.02 points or +0.26% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 14309.83, presently +0.39% after a movement of +56.06 points.
Sectors are nearly all in the green currently, however the Consumer Cyclical and Conglomerates sectors have distinguished themselves as main winners thus far, surging +0.96% and +0.81% respectively. In other news, the price of crude has settled below USD $90.12/bbl Wednesday.
