ADP Employment Better Than Expected

The ADP employment report just came out and it was much better than expected.

For the month of November, ADP showed that 93,000 jobs were added. This is better than the 70,000 jobs economists expected.

October's job reports was revised up as well, to 80,000 jobs.

Futures are sharply higher on the back of this news. Dow futures at last check were up 131 points, S&P futures were up by 15.5 points and NASDAQ futures were better by 26.25 points.