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Service Sector Growth Up in July

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    FBN’s Lori Rothman with an afternoon market update, plus news that the service sector grew modestly in July.

  • Duration 0:58
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-- I'm Lori Rothman with -- Fox Business -- stocks are surging on Wall Street today snapping -- four.

Following day losing streak.

After the government reported a sharp pickup in hiring by the US -- -- -- July right now.

The Dow is up 226.

Points the NASDAQ up sixty -- -- S and he'd better.

By 26 points.

The pace of growth in the services sector edged higher in July we learned earlier the institute for supply management index came in better than expected with the reading of 52 point six.

But -- -- gauge of the index fell to its lowest level since September.

United Continental reached a tentative deal with its pilots over -- -- contract plan still has to be approved by the leaders of the union and it's 111000 pilots.

The new contract will be the first joint labor agreement since united and continental merged in 2010.

Financially disciplined business from the Fox Business Network giving you the.