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U S private sector adds 692,000 jobs in June - World News

2021-06-30 23:05:55 GMT2021-07-01 07:05:55(Beijing Time) Xinhua English WASHINGTON, June 30 (Xinhua) Private companies in the United States added 692,000 jobs in June, registering slower growth than previous month, payroll data company Automatic Data Processing (ADP) reported Wednesday. The labor market recovery remains robust, with June closing out a strong second quarter of jobs growth, said Nela Richardson, chief economist at ADP, adding that job gains have totaled about 3 million since the beginning of 2021. Service providers, the hardest hit sector, continue to do the heavy lifting, with leisure and hospitality posting the strongest gain as businesses begin to reopen to full capacity across the country, Richardson noted.

U S stocks end mixed amid economic data

U.S. stocks end mixed amid economic data Xinhua 01 Jul 2021, 07:05 GMT+10 NEW YORK, June 30 (Xinhua) U.S. stocks closed mixed on Wednesday as investors digested the latest economic data. The Dow Jones Industrial Average increased 210.22 points, or 0.61 percent, to 34,502.51. The S&P 500 rose 5.70 points, or 0.13 percent, to 4,297.50. The Nasdaq Composite Index fell 24.38 points, or 0.17 percent, to 14,503.95. Six of the 11 primary S&P 500 sectors ended in green, with energy up 1.31 percent, leading the gainers. Real estate slipped 0.76 percent, the worst-performing group. U.S.-listed Chinese companies traded mostly lower with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

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