Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



March Jobs Figure Takes a Big Jump

Payroll processing company ADP today reported that the private sector added 191,000 jobs in March. While that was a slight miss from the 193,000 that economists expected  the figure was much better than the revised 153,000 reported for February. The positive jobs data is helping push stocks higher this afternoon: as of 12:45 p.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI  )  was up 17 points, or 0.1%, the S&P 500 had risen 0.23%, and the Nasdaq jumped up 0.13%.

Dow member Home Depot (NYSE: HD  ) is one of the big winners of the day, as shares were up 1.3%. The move comes after UBS named the home improvement store one of the top five retailers to buy at this time. Furthermore, recent housing data indicates that home prices in a number of states hit all-time highs in February. This is an indication that the majority of homeowners in those locations are no longer underwater on their residence. That is a great sign for Home Depot, because customers who are not underwater spend substantially more on their home than those who are upside down. With few headwinds facing the company, the stock looks ready to ride the spring housing season higher.  

Outside the Dow, shares of Tesla (NASDAQ: TSLA  ) have climbed higher by more than 4.5%. The move comes following the announcement that Tesla has appealed the New Jersey regulation that bans the company from selling its vehicles directly to the consumer. The appeal was filed with the New Jersey Superior Court. While the case likely will not be heard for some time, it could be a big win for Tesla in New Jersey and across the U.S. if the court overrules the rule. This will be a long, hard-fought battle, but one that investors should keep an eye on.

 Another big winner outside the Dow today is Intuitive Surgical (NASDAQ: ISRG  ) , as shares are up more than 4% after the Food and Drug Administration cleared the company's newest robotic platform, the da Vinci Xi. The new robot is expected to increase the types of surgeries the device will be able to perform, which would make hospitals more likely to buy one. Additionally, the new device should dramatically improve Intuitive's razor and blade business model since more operations will be performed. Shares of Intuitive has been down over the past year, but this new catalysts should help the stock work its way back and reward those investors who stuck around.  

3 stocks to own for the rest of your life
As every savvy investor knows, Warren Buffett didn't make billions by betting on half-baked stocks. He isolated his best few ideas, bet big, and rode them to riches, hardly ever selling. You deserve the same. That's why our CEO, legendary investor Tom Gardner, has permitted us to reveal The Motley Fool's 3 Stocks to Own Forever. These picks are free today! Just click here now to uncover the three companies we love. 


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2900453, ~/Articles/ArticleHandler.aspx, 9/4/2015 12:51:43 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Matt Thalman

Matt primarily covers the Dow Components, the Major Indexes daily moves, Consumer Goods stocks, and General Investing Topics.

Today's Market

updated Moments ago Sponsored by:
DOW 16,094.56 -280.20 -1.71%
S&P 500 1,919.56 -31.57 -1.62%
NASD 4,682.01 -51.49 -1.09%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/4/2015 12:36 PM
^DJI $16094.56 Down -280.20 -1.71%
HD $114.41 Down -2.19 -1.88%
Home Depot CAPS Rating: ****
ISRG $508.02 Down -5.73 -1.12%
Intuitive Surgical CAPS Rating: ****
TSLA $241.39 Down -4.18 -1.70%
Tesla Motors CAPS Rating: **