12:25 PM EDT, 09/04/2025 (MT Newswires) -- US benchmark stock indexes rose in midday trading on Thursday as investors digested economic data ahead of Friday's August employment report.

The Nasdaq Composite increased 0.4% to 21,576.7, the S&P 500 went up 0.4% to 6,475.7, and the Dow Jones Industrial Average rose 0.5% to 45,488.1. Consumer discretionary led the gainers, while the utilities sector was the biggest decliner intraday.

In economic news, ADP's monthly measure of private payrolls showed a 54,000 gain in August, lower than expectations compiled by Bloomberg for a 68,000 increase and following an upwardly revised 106,000 increase in July.

Initial jobless claims rose to a level of 237,000 in the week ended Aug. 30 from a 229,000 level in the previous week, compared with expectations for a smaller increase to 230,000 in a survey compiled by Bloomberg.

The Institute for Supply Management's US services index rose to a reading of 52.0 in August from 50.1 in July, compared with expectations for a smaller gain to a reading of 51.0 in a survey compiled by Bloomberg.

In company news, Salesforce ( CRM ) reported overnight higher fiscal Q2 adjusted net income and revenue, provided fiscal Q3 guidance, and updated its fiscal 2026 outlook. Salesforce ( CRM ) shares were down nearly 6% in recent Thursday trading.

Texas Instruments ( TXN ) shares slid 4% after Chief Financial Officer Rafael Lizardi reportedly said that the company's recovery is not happening with the velocity that some have anticipated. The company didn't immediately respond to a request for comment from MT Newswires.

The US 10-year Treasury yield fell 3.3 basis points to 4.18%. The two-year rate fell two basis points to 3.59%.

The ICE US Dollar Index was up 0.3% to 98.41.

West Texas Intermediate crude fell 0.9% to $63.37 per barrel.

Gold was down 0.7% to $3,611.40 an ounce, and silver declined 1.5% to $41.43 per ounce.