Wednesday, April 2, 2014

The monthly ADP report on private sector

The monthly ADP report on private sector employment will be released at 8:15 a.m. ET. Investors will be watching that report for indications that the labor market is snapping out of its winter slumber ahead of Friday's Labor Department unemployment report. Economists predict nonfarm payrolls will increase by 200,000.
Wall Street will also be watching the U.S. Commerce Department's factory orders report, which will be released at 10 a.m. ET.
In Asia, Japan's Nikkei 225 index rose 154.33 points, or 1.0%, to 14,946.32, Hong Kong's Hang Seng index climbed 38.08 points, or 0.2%, to 22,486.62 and the Shanghai Composite index jumped 7.18 points, or 0.4%, to 2,058.99.
Among European benchmarks, as Britain's FTSE 100 index dropped 0.1%, France's CAC 40 index climbed 0.1% and Germany's DAX index rose 0.2%.
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