US-listed Chinese companies traded mostly lower, with six of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on a downbeat note.
At 2:20 p.m. EDT, the Dow Jones Industrial Average was up 290.91 points, or 1.02%, at 28,936.57, the S&P 500 gained 38.95 points, or 1.10%, to 3,565.6 and the Nasdaq Composite added 71.09 points, or 0.6%, to 12,010.76. Treasury yields were mixed.
Sept 2 (Reuters) - The S&P 500 rose on Wednesday for the ninth time in the past ten sessions on a boost from Nvidia and Microsoft, as data showed a moderate increase in US private payrolls last month.
US private employers hired 428,000 workers in August, according to an ADP report, far below economists' forecast of a 950,000 increase, signaling the labor market recovery was slowing as the COVID-19 pandemic drags on and fiscal stimulus fades.
The surge came despite disappointing hiring data from private payrolls firm ADP and a tepid assessment of U.S. economic conditions from the Federal Reserve.
DraftKings was among the big gainers, vaulting 8% after announcing that basketball legend Michael Jordan would take an ownership stake in the company in exchange for becoming a special advisor to the sports betting site.
Macy's gained 1.5% after reporting a quarterly loss that was much smaller than analysts were anticipating. The Nasdaq composite recovered from an early slide, adding 116.78 points, or 1%, to 12,056.44.
European stocks were broadly higher.
Spot gold sank 1.4% to $1,943 an ounce, as the USA dollar gained strength.
Wall Street climbed on September 1 as a surge in Apple shares propelled the tech-heavy Nasdaq to record highs, while better-than-expected United States manufacturing sector data fueled optimism around a post-pandemic economic recovery.
Technology stocks pressed the S&P 500 and Nasdaq to record highs at the open on Wednesday, while the Dow inched closer to its pre-pandemic peak as information revealed a moderate increase in USA personal payrolls last month. The large-cap index notched up a gain of more than 7% hitting multiple all-time highs.
Encouraging data as more businesses shut down due to the pandemic have reopened and hope that the race to develop a vaccine for COVID-19 will yield results by the end of this year have fueled investor optimism that the economy will bounce back from a deep recession.
WTI crude oil futures (October) slid 2.9% to $41.51 a barrel, pressured by the rebound in US dollar.
The use of a Novichok agent would greatly bolster evidence that Navalny's poisoning was carried out by Russian state agencies. Navalny's allies have also accused Russian authorities of delaying his transfer out of the country after the poisoning.
Late June, Pelosi called for a nationwide mandate to wear face masks to ward against the COVID-19 pandemic. Security video footage obtained by Fox News shows Pelosi walking around the salon without a face mask.
The agency also says you should wash your hands before and after taking it off, and avoid touching your face while removing it. Yet, this is true for large respiratory droplets, but may not be as effective on smaller aerosol-sized droplets.
Wolkoff said she taped the First Lady because "I was going to do anything in my power to make sure that I was protected". The two women evolved into a friendship that included monthly lunch dates and NY society events.
Back in June, Apple confirmed that it was making the transition from Intel CPUs to ARM-based chips for its Mac PCs. The new 12-inch MacBook is also expected to deliver up to 20 hours of battery life, and changes don't stop there.
Any gathering attendees are asked to contact the NVHA clinic and if symptoms develop, to immediately self-isolate. In total, eight long-term care or assisted-living facilities and two acute-care facilities have active outbreaks.
The launch event will kick off at 10 AM ET and is going to be live streamed on the company's official YouTube and Facebook pages. The new design format is clearly dual displays, and LG will soon reveal its newest creation: the swivelling dual-screen phone.
You are my big brother, but I never fully got a chance to tell you, or to truly give you your flowers while you were here. Boseman was diagnosed with colon cancer four years ago, a diagnosis he kept from the public even while working.
'Concern' as Australian journalist detained in Beijing
The ministry said it conducted a virtual consular visit last Thursday with Cheng, who is being held at a detention facility. She has reported major Chinese events including Beijing's 2008 Olympics and Shanghai's 2010 World Expo.
Grand Slam bubble bursts for US teen Gauff
Kerber won the 2016 US Open but lost in the first round a year ago . "So I can see success for myself, and finally I won a match". She won the third set, 6-4. 2016 victor Angelique Kerber made her post-hiatus debut with a 6-4, 6-4 win over Ajla Tomljanovic .
Messi has already left Barcelona - Valdano
According to multiple reports, Messi's reported 700 million Euro release clause is now standing on the way of his departure. Further talks will take place, but nothing has been arranged yet with both parties now reluctant to negotiate.
COVID-19 hospitalizations still rising in B.C.
The number of active cases reached 8,01,282, and those discharged from hospitals stood at 29,01,908 - a gap of 21,00,626. The symposium is focused on understanding the impacts of COVID-19 in B.C. and the related public health measures.