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Dow Gets Close to 17,000 Milestone, Yellen Talks With Lagarde

Susannah Lee
7/02/14 10:30 AM EDT
The Dow Jones Industrial is setting the stage to hit the milestone 17,000 mark in Wednesday's trading. Data from employment to housing is fueling confidence the U.S. economy is rebounding. This morning's ADP report showed private-sector hiring increased in June. The ADP report is out ahead of the June jobs report which will be released by the labor department on Thursday because of the shortened holiday trading week Shares of JPMorgan (JPM) will be watched closely today after the bank's CEO Jamie Dimon disclosed he has a curable throat cancer and will begin an 8-week treatment plan. The most powerful women in global finance, Fed Chair Janet Yellen and IMF Managing Director Christine Lagarde take the stage together for the first time today. TheStreet's Susannah Lee has the details.
Stock quotes in this video: JPM

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