Traders work at the New York Stock Exchange in New York, the United States, on June 1, 2017. The S&P 500 and the Nasdaq closed at record high on Thursday. The Dow Jones Industrial Average was up 135.53 points, or 0.65 percent, to 21,144.18. The S&P 500 gained 18.26 points, or 0.76 percent, to 2,430.06. The Nasdaq Composite Index added 48.31 points, or 0.78 percent, to 6,246.83. (Xinhua/Wang Ying)

NEW YORK, June 1 (Xinhua) -- The S&P 500 and the Nasdaq closed at record high on Thursday, as investors were digesting a batch of economic data from the country.

At midday, the Dow Jones Industrial Average was up 135.53 points, or 0.65 percent, to 21,144.18. The S&P 500 gained 18.26 points, or 0.76 percent, to 2,430.06. The Nasdaq Composite Index added 48.31 points, or 0.78 percent, to 6,246.83.

U.S. private payrolls surged by 253,000, well above market expectations of a 185,000-gain, showed a monthly report by the payroll processor ADP on Thursday.

Mark Zandi, chief economist for Moody's Analytics which helps produce the report, called job growth "rip-roaring."

The ADP report is often seen as a preview for the closely-watched U.S. nonfarm payrolls data due out on Friday.

U.S. initial jobless jumped 13,000 to a seasonally adjusted 248,000 for the week ended May 27, the Labor Department said on Thursday.

It was the 117th straight week that claims was below 300,000, a threshold associated with a healthy labor market.

Economic activity in the U.S. manufacturing sector expanded in May, and the overall economy grew for the 96th consecutive month, reported the Institute for Supply Management (ISM) on Thursday.

According to the report, the May PMI (Purchasing Managers' Index) registered 54.9 percent, an increase of 0.1 percentage point from the April reading of 54.8 percent, beating market expectations.

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