Despite the government shutdown hiring in the U.S. remained strong.

Despite the government shutdown private sector employment increased by 213,000 jobs from December to January according to the January ADP National Employment Report.  Wall Street economists had forecast an increase of 174,000.  The Dow Jones Industrial Average and S&P 500 both reacted positively to the news.  The Dow rose 1.77% while the S&P rose 1.56%.

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