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U.S. stocks mixed after varied U.S. data; Dow Jones down 0.07%

Published 06/30/2010, 10:18 AM
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Investing.com – U.S. stock markets were mixed on Wednesday after official data showing that the U.S. private sector added fewer jobs than expected in June was offset by an increase in the Chicago purchasing managers index.

During early U.S. trade, the Dow Jones Industrial Average was down 0.07%; the S&P 500 index rose 0.13% and the Nasdaq Composite index advanced 0.38%.

Earlier Wednesday, U.S. official data showed that private sector employment, excluding agriculture, rose a seasonally adjusted 13,000 in June, following an increase of 57,000 in May, whose figure was revised up from 55,000.

Analysts had expected an increase of 58,000 in June.

A separate report showed that manufacturing activity in the Chicago area rose 59.1 in June, following an advance of 59.7 in May.

Analysts had expected an increase of 59.0.

Across the Atlantic, European stock markets were up: France’s CAC 40 rose 0.29%; Germany's DAX climbed 0.42%; Britain's FTSE 100 gained 0.28%; and the EURO STOXX 50 advanced 0.73%.

Earlier Wednesday, the European Central Bank said it issued EUR 131 billion of three-month loans, less than expected,  ahead of Thursday's deadline for the repayment of close to half a trillion euros in 12-month funds.

Later in the day, the U.S. was set to release data on crude oil inventories.

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