Equities Lifted by Upbeat US Data; ECB in Focus

Wall Street gained solidly as some encouraging macroeconomic data buoyed sentiment. DJIA and S&P 500 indices rose +1.82% and +1.83% respectively. US non-farm productivity rose more than expected while mortgage application soared. Although ADP’s employment missed expectations, the increase remained solid. In the commodity sector, gold dropped on improvement sentiment and strength in USD.

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Equities Lifted by Upbeat US Data; ECB in Focus