US STOCKS-Dow, S&P up on ADP data; Garmin's fall hits Nasdaq
* ADP shows employers unexpectedly added jobs in July
* Financials supported by Fed, SEC measures
* Garmin warns on profit and hurts Nasdaq
* Oil up over $4, hitting airlines and transport stocks
* Dow up 0.6 pct, S&P up 0.8 pct; Nasdaq falls 0.3 pct (Updates to late afternoon)
NEW YORK, July 30 (Reuters) - The Dow industrials and the S&P 500 rose on Wednesday as an unexpectedly strong report on the job market and U.S. officials' efforts to boost liquidity in turbulent financial markets offset a surge in oil prices.
A profit warning by Garmin Ltd(GRMN.O: Quote, Profile, Research), a maker of personal navigation devices, drove its stock down more than 21 percent to $35.50 and weighed on the Nasdaq. [ID:nBNG334425]
A jump of more than $4 a barrel, or nearly 4 percent, in crude oil prices prompted investors to sell the shares of airlines and transport-related companies. An index of airline stocks .XAL slid 5.5 percent, while the Dow Jones Transportation Average dropped 0.7 percent. Continued...
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