Google Is Ready To Fly High On AI.
@JC888：
On Tue, 29 Aug - it was (a) JOLTs and (b) CB Consumer’s confidence report that gave US market the much-needed boost to trend higher. On Wed, 30 Aug - it was (c) ADP employment data and (d) US Q2 GDP 2nd estimates that continued the good work. By the time trading drew to a close: DJIA: +0.11% (+37.57 to 34,890.24). S&P 500: +0.38% (+17.24 to 4,514.87). Nasdaq: +0.54% (+75.55 to 14,019.31). Managed to crawl back to the 14,000 level. On Tuesday & Wednesday, stocks jumped after official data was released in the mornings. The ADP National Employment reported private payrolls rose by 177,000 jobs in Aug 2023 (see above). Versus 195,000 jobs estimates forecasted by Economist polled by Reuters. More importantly, it is a drastic fall of -194,000 job openings or -52.29% from July’s 371,000