Mid-Day Update: Positive ADP Jobs numbers sparks broad market rally

Markets are trying to hold onto gains for a second straight session after soaring on strong jobs data from ADP and improving jobless claims numbers, as both data points suggest the US economy could be exiting a recent soft patch. Private-sector jobs in the U.S. rose by 157,000 last month, according to giant Automatic Data Processing (ADP), while new claims for unemployment benefits dropped by...

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