The S&P 500 and Nasdaq Composite briefly hit their highest levels ever on Friday and were on track to finish the day with record closing highs. The S&P 500 was up 0.2% to 5,548 after hitting 5,551.44 earlier in the day. The Nasdaq was up 0.6% to 18,303.19 and traded as high as 18,307.10.
U.S. stock exchanges were back open on Friday after they closed early on Wednesday and stayed closed on Independence Day yesterday. The Nasdaq was up 0.4%. The daily volume for the New York Stock Exchange and Nasdaq Composite were on average 51.4% of a typical day for their respective years, according to Dow Jones Market Data.
Paycom (PAYC) is well-poised to grow on the back of strong revenues, robust cash flows and its diverse portfolio serving the breadths of the human capital management space.