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Stock impact report

More All-Time Closing Highs on Big Day for Data [Yahoo! Finance]

Automatic Data Processing, Inc. (ADP) 
Last automatic data processing, inc. earnings: 4/29 06:56 am Check Earnings Report
US:NASDAQ Investor Relations: investors.adp.com
Company Research Source: Yahoo! Finance
The Dow grew by an impressive +308 points, or +0.69% on the session, the S&P 500 was +36 points, +0.61%, while the Nasdaq gained a whopping +254 points on the day, +1.30%. The small-cap Russell 2000 hiked up +11 points, +0.46%. We had a busy morning with economic data today — not only with the lower-than-expected private-sector payroll data from ADP ADP ahead of the open, but monthly Services PMI and Factory Orders, as well. We even saw a new Beige Book this afternoon. Let's take these one at a time, shall we? S&P Services PMI came in below expectations for November: 56.1 versus 57.0 expected, which was in-line with the previous month. ISM Services , also for last month, reached 52.1%, well off the expected pace of 55.6% and the prior month's 56.0%. These are obviously trending in the wrong direction, but at least they remain above the 50-threshold — something that cannot be said for the S&P and ISM Manufacturing data released earlier this week. Factory Orders for October also w Show less Read more
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