Automatic Data Processing reported that private sector jobs increased during July. And oil prices are falling further, adding to the good mood.
The Dow Jones industrial average is up 67 at the 11,465 level in the opening minutes of trading.
Stocks Open Higher After Employment Reading
NEW YORK (AP) - July 30, 2008
Stocks are up in early trading, extending their
gains following Tuesday's big rally. Investors are feeling
encourged by an upbeat employment report from payroll company ADP
and the Federal Reserve's extension of its emergency borrowing
program for Wall Street banks.
