Here are the main market catalysts and closing values for the major US indexes on Wednesday, September 2, 2020.

The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite gained on Wednesday, according to CNBC.

  • The Dow Jones Industrial Average surged 454.84 points, or 1.59 percent, to close at 29,100.50.
  • The S&P 500 gained 1.50 percent to close at 3,580.84.
  • The Nasdaq Composite gained 1.0 percent to close at 12,056.44.
    The Dow is only 2 percent from an all-time high despite disappointing payrolls data. ADP announced that US private payrolls grew by 428,000 in August. Economists expected a gain of 1.17 million.

Coca-Cola and IBM rose 4 percent and 3.9 percent, respectively. Apple fell 2 percent and Tesla fell 6 percent.

On Thursday keep an eye out for:

  • Weekly jobless claims data.
  • ISM non-manufacturing index data.
  • France unveiled another massive stimulus package worth around 100 billion euros.
  • Capgemini and Sofina are reporting earnings.
  • Jobless claims came in below investor expectations.

View the Full List of Things to Watch in the Markets Today Here.


Economics, Finance and Investing