US STOCKS-Wall Street headed higher after positive data

Newswire

(Rewrites first paragraph, updates prices) By Ellis Mnyandu NEW YORK, April 30 (Reuters) - U.S. stocks headed for a higher open on Wednesday after two reports pointed to resiliency in the economy and job market, easing concerns about the profit outlook. The government's initial reading on first-quarter gross domestic product beat economists' expectations and a survey by ADP Employer Services showed that U.S. employers unexpectedly added 10,000 jobs in April. Among stocks likely to ...

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