Stocks are poised to open slightly higher Wednesday, while Citigroup maintains a buy rating on Club name Apple (AAPL) ahead of its Sept. 12 product event.
The Club's top 10 things to watch Wednesday 1. Stocks are poised to open slightly higher Wednesday following a strong rally Tuesday that saw equities gain for a third-straight session. The market is being supported in early trading following the release of the ADP National Employment report, which showed U.S. private payrolls increased less than expected in August — the latest sign the Federal Reserve is succeeding in cooling the economy through higher interest rates.
increased less than expected in August — the latest sign the Federal Reserve is succeeding in cooling the economy through higher interest rates. Investors are also looking ahead to the Labor Department's non-farm employment report on Friday. ahead of its Sept. 12 product event, while reiterating a $240-per-share price target on the stock.
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