Viddler.com - ADP Reports Economic Growth

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As conventional wisdom might have thought otherwise, an ADP report shows positive trends for the month of July.

According to the national payroll processing company, the private sector added 9,000 jobs for the month. Despite a high national unemployment rate, recession and inflation talks, and corporate cutbacks, the S&P 500 and Dow numbers were positive as of Wednesday.

With companies looking to boost liquidity and positive reports from the job market, investors have seen a balance against high oil price damages.

A 4% jump of nearly $4 per barrel, pushed investors to sell off airline and transportation industry tied stocks. Still, according to the ADP report, U.S. crude oil deliveries for September are up, with the $126.77 per barrel prices.

In efforts to protect Wall Street, the Fed, the SEC, and other central banks, pushed to stabilize financial companies who reported credit losses, all in the good name of the economy.

Job additions were reported, along with staffing companies revenues upturning, and bank stocks gaining, as the nation works to dig out of the hole.

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