The Dow Jones Industrial Average
|Dow Jones Industrial Average||-14.61 [-0.11%]||13,060.14|
Yesterday the market fell after ADP released its employment report that showed employment numbers rising by 209,000 in March, below February's gain of 230,000. Today, the jobs news continued, though it was slightly better than analysts expected. At 8:30 a.m. ET, the Department of Labor reported that unemployment claims fell to 357,000 from last week's 363,000. Analysts were expecting 360,000. Reports come tomorrow on the March unemployment rate and nonfarm payrolls, and analysts are expecting the Bureau of Labor statistics to report growth of 210,000 jobs for March.
In other news, traders were eyeing the clock all afternoon in anticipation of a long weekend. The market is closed tomorrow, and numerous analysts said they're "looking forward to catching up on their reading." There was no other real news on the day.
Today's top Dow stock was Home Depot
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Dan Dzombak owns shares of holds no other position in any company mentioned. Like his Facebook page to follow his investing articles. Motley Fool newsletter services have recommended buying shares of Home Depot and ADP. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.