Wall Street Begins the Day at Record Highs, Jobs Report Due

Investors were fired up by a jobs report from the private payroll company ADP showing the United States added 253,000 jobs in May.
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Investors were fired up by a jobs report from the private payroll company ADP showing the United States added 253,000 jobs in May. That sent the major stock indexes to record highs. Wall Street is betting the ADP report is a good sign ahead of Friday's more closely watched government jobs report. Oil prices are down, however, falling below $47 a barrel. President Donald Trump did as reported and pulled the United States out of the Paris Climate Accord. Some trade experts believe the move could lead to a trade ware as some countries could slap tariffs on American products. Trump and supporters of leaving the accord, believe it gave other countries an advantage economically. There is a bright spot in the retail space. Lululemon (LULU) - Get Report  shares jumped after earnings, revenue and sales all beat forecasts. The athletic apparel retailer also raised its full year forecast.