The US markets ended in green on Wednesday, supported by value buying at lower levels after three consecutive sessions of losses. However, persistent bond-market weakness and escalating US-Iran tensions kept investors cautious. On the economic front, a report released by the Commerce Department showed new orders for US manufactured goods rose 0.9% month over month in July 2026, rebounding from a revised 0.2% decline in June and beating market expectations of a 0.6% increase. The increase was led by a 2.3% jump in transportation equipment orders, driven by a 12.7% surge in civilian aircraft and parts. Besides, a report released by payroll processor ADP showed private businesses in the US added 38,000 jobs in August 2026, the least since January, following an upwardly revised 46,000 in July and below forecasts of 47000, reflecting a broader slowdown in the labor market. Education and health care (45000), construction (12000), leisure and hospitality (16000) and financial activities (6000) showed solid hiring. In contrast, manufacturing (-17000), professional services (-16000), trade, transportation and utilities (-5000), natural resources and mining (-5000) and information (-4000) shed jobs.
Dow Jones Industrial Average rose by 295.07 points or 0.56 percent to 53,061.95, Nasdaq increased by 118.05 points or 0.45 percent to 26,217.82 and S&P 500 was up by 35.13 points or 0.46 percent to 7,666.6.
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