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Strong ADP Job Data Raise Hopes for Upside Surprise on Nonfarm Payrolls

Wall Street rallied further with DJIA surpassing 25 000 for the first time on record. Strong ADP job report intensified hopes of a better-than-expected nonfarm payrolls report due today. However, US dollar’s rebound proved short-lived. In the commodity sector, crude oil extended recent strength with the WTI contract settling above 62 for the first time in 3 years.

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Strong ADP Job Data Raise Hopes for Upside Surprise on Nonfarm Payrolls

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