{"id":30595,"date":"2020-07-01T20:54:04","date_gmt":"2020-07-01T16:54:04","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=30595"},"modified":"2020-07-01T21:02:43","modified_gmt":"2020-07-01T17:02:43","slug":"wall-street-gains-on-positive-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/wall-street-gains-on-positive-data\/07\/01\/market-updates\/","title":{"rendered":"Wall Street Gains on Positive Data"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<p>The New York Stock Exchange (NYSE) opened Wednesday in gains, supported by positive economic data and developments in the search for a vaccine against the coronavirus disease (COVID-19).<\/p>\n<p>The Wall Street indices are all green at the moment, with the Dow Jones Industrial Average Index up 0.26%, the NASDAQ Composite Index up by 1.01, and the S&amp;P 500 Index up by 0.71%.<\/p>\n<p>A COVID-19 vaccine developed by Pfizer and BioNTech is reportedly showing promising results, according to Reuters.<\/p>\n<p>Earlier today, <a href=\"https:\/\/noortrends.ae\/en\/market-update\/ism-manufacturing-pmi-beats-expectations-for-june\/07\/01\/\">data by the Institute for Supply Management (ISM) showed the purchasing managers\u2019 index (PMI)<\/a> for the manufacturing sector in the United States has increased to 52.6 in June.<\/p>\n<p>This was the first time the index showed an expansion in the manufacturing activity since the beginning of the COVID-19 pandemic.<\/p>\n<p>Furthermore, <a href=\"_wp_link_placeholder\" data-wplink-edit=\"true\">private payrolls in the United States showed an increase of 2.369 million jobs during June<\/a>, which came below expectations as the pandemic is leaving its toll on American businesses.<\/p>\n<p>In addition, the May reading was revised to an increase of 3.065 million jobs, versus previous estimates of a decline by 2.76 million jobs, according to the ADP National Employment Report.<\/p>\n<\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The New York Stock Exchange (NYSE) opened Wednesday in gains, supported by positive economic data and developments in the search for a vaccine against the coronavirus disease (COVID-19). The Wall Street indices are all green at the moment, with the Dow Jones Industrial Average Index up 0.26%, the NASDAQ Composite Index up by 1.01, and &hellip;<\/p>\n","protected":false},"author":10,"featured_media":30598,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[49,39,36],"tags":[6863,6862],"class_list":["post-30595","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economic-reports","category-global-stock-markets","category-market-updates","tag-covid-19-2","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=30595"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30595\/revisions"}],"predecessor-version":[{"id":30601,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30595\/revisions\/30601"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30598"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=30595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=30595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=30595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}