U.S. equity markets battled for gains Wednesday as traders evaluated record job losses and states worked to reopen their economi

U.S. equity markets battled for gains Wednesday as traders evaluated record job losses and states worked to reopen their economies from coronavirus lockdowns. U.S. equity markets battled for gains Wednesday as traders evaluated record job losses and states worked to reopen their economies from coronavirus lockdowns. The Dow Jones Industrial Average climbed 149 points, or 0.62 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite added 0.68 percent and 0.79 percent, respectively. The ADP national employment report released Wednesday morning showed U.S. companies cut 20.2 million jobs in April as the COVID-19 pandemic forced them to close at least temporarily. The U.S. Labor Department report for the same period, which includes public-sector jobs, is due Friday morning. As the losses mount, states are turning their attention to reopening their economies. Arkansas is allowing barber shops, tattoo parlors and other businesses to resume operations on Wednesday while Kentucky is permitting outpatient surgeries. More on this For more news, please go to FoxBusiness.com and watch Fox Business Network.

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