The latest ADP National Employment Report delivered a negative surprise, showing a decline of 32,000 private-sector jobs in September, well below expectations for an increase of 52,000. The report, compiled from payroll data of nearly 400,000 U.S. businesses, highlights further weakness in the labor market. It also marks a continuation …
Read More »ADP Report Shocks Wall Street as Markets Brace for Trade Talks and NFP Data
Wall Street saw a modest retreat following a startling ADP private payrolls report that revealed an unexpected decline of 33,000 jobs in June, marking the first drop since March 2023. The ADP data, which fell significantly short of economists’ expectations of a 100,000-job gain, raised alarms about the health of …
Read More »US stocks give up earlier gain, impacted by chips
US Stocks were little changed on Monday, following the S&P 500′s third straight weekly gain, as investors shifted focus to a key inflation report this week and struggles for the semiconductor industry.The Dow Jones Industrial Average gained 31 points or 0.1%. The S&P 500 and Nasdaq Composite were flat. Stocks …
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