S&P and Nasdaq notch record highs after data deluge

STOCKS SET NEW RECORDS... S&P and Nasdaq notch record highs after data deluge Fred Imbert | @foimbert 8 Mins AgoCNBC.com SHARES show chapters Dow moves between gains and losses on open   2 Hours Ago | 02:15 U.S. equities traded higher on Thursday, the first trading day in June, as investors parsed through key economic data. The Nasdaq composite gained 0.3 percent and hit a record intraday high earlier in the session. The S&P 500 also rose 0.3 percent to an all-time high, with materials and health care leading advancers. The health care sector also reached its first 52-week high since March 15. The Dow Jones industrial average rose about 40 points, with UnitedHealth contributing the most gains. Private payrolls surged by 253,000 in May, easily topping a consensus estimate of 185,000, according to a report from ADP and Moody's Analytics. "It was a very good, positive surprise. We've had a few negative surprises, so this is definitely against the current," said David Kelly, chief global strategist at JPMorgan Funds. "Overall, it says the economy is still moving along nicely." The report from ADP and Moody's is often seen as a preview to the U.S. government's monthly nonfarm pay
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