Wall Street Live: Us Stocks Ede Up as Investors Shrug Off Weaker Payrolls Data

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Wall street live: Us stock indices edged up on Wednsday as Investors Shrugged off Weaker-That-Expected Private Payrols Data AMID CONCERNS Over Trade Tensions Between the United States and China.

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A report by payrol firm adp said that private sector employment rose by 37,000 jobs in May, A Slowdown from 60,000 in April.

This was the Slowest Pace Since March 2023, The Report also said.

At the opening bell, the down downs industry average rose 54.5 points, or 0.13%, to 42,574.13. The S & P 500 Rose 8.6 points, or 0.14%, to 5,978.94, while the Nasdaq Composite Rose 36.0 points, or 0.19%, to 19,434.94.

After the data, us president donald trump lased out at federal reserve chief jerome power on social media, urgaing heam again to cut interest rates.

Now, Investors Await Official Payroll data due on Friday.

Last Week, Trump Had Accused China of Violating a Pact to De-Descalate Tarifs, a claim that beijing has denied.

Trump on Wednsday said it was “extramely hard” to reach a deal with chinese president xi jinping, with beijing biting back by

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