AllMarket Update
logoArgusSeptember 02, 2020

Market Update: ZM, ATO

Sector(s)
Communication Services, Utilities
Summary

Stocks were mixed on Wednesday morning amid weaker-than-expected August employment data. Payroll provider ADP said that U.S. private employers added 428,000 jobs last month, up from a revised 212,000 in July but well below the Reuters consensus forecast of 950,000. The Dow rose 0.7%, the S&P rose 0.6%, and the Nasdaq fell 0.2%. Crude oil traded near $42 per barrel, while gold fell $32 to $1947 per ounce.

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