U.S. Daily Market Review 4.03.20

U.S. stocks advanced around 2% earlier at the start of the as the markets reacted positively as on Joe Biden’s surprise lead in the Democratic primaries.

The Dow Jones Industrial Average secured 466.27 points, or 1.80%, at the open to 26,383.68. The S&P-500 gained 42.38 points, or 1.41%, at 3,045.75.

The Nasdaq Composite surged 150.01 points, or 1.73%, to 8,834.10. U.S. companies created more job openings that estimates in February, indicating in that the jobs market was in good standing.

Businesses’ payrolls jumped 183,000 after a downwardly revised 209,000 gain a month earlier, according to the numbers coming from the ADP Research Institute.

U.S. services sector activity soared to a one-year high last month, implying in underlying activity to the economy despite the spread of the coronavirus.

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