ADP employment report

The pace of new hires in the U.S. private sector has slowed significantly in January 2024, indicating a cooling labor market as wage growth continues to decelerate, according to the latest ADP National Employment Report released on Wednesday. The ADP report is often seen as a precursor to the...

Private businesses in the U.S. added 177,000 employees in August 2023, down from an upwardly revised 371,000 increase in July and missing market expectations of a 195,000 rise, the ADP National Employment Report showed. However, this hiring tally marks the lowest level since March 2023 and falls...

The Last Week In A Nutshell What Happened: “The S&P 500 is up 1.3% month-to-date (through June 25), but has struggled to push higher as it moves towards its previous peak,” said Lindsey Bell, chief investment strategist for Ally Financial, Inc-owned (NYSE: ALLY) Ally Invest. “...

The final few days of 2018 turned out to be absolute chaos in the business world. Equity markets were plunging, the Federal Reserve seemed intent on continuing its hawkish interest rate policy, and everyone was certain that the 10-year economic expansion that the U.S. has experienced since the 2008...

The American non-farm workforce saw accelerated expansion last month to beat estimates by 57 percent and January figures by 21 percent, according to the February ADP National Employment Report released Wednesday. Franchises created about 17,100 jobs, while small businesses added 104,000 — a...

Futures Drop Into Shortened Trading Day On Weak Services PMIs, Geopolitical Fears U.S. equity futures declined in early pre-market trade ahead of the shortened trading day on weaker than expected services PMIs around the globe. Weak data from China to the eurozone weighed on sentiment overnight....

In the upcoming week, markets will eye key economic data points in the shortened week due to the Fourth of July holiday. To note, markets will be closed on Thursday and Wednesday is a shortened trading day for equities. Key Earnings The only notable company to report earnings next week is...

Futures Slightly Lower on Global Economic Data U.S. equity futures traded slightly lower in early Wednesday trade after stocks broke the 20-Tuesday winning streak yesterday. Markets eye key economic reports from around the world heading into trading Wednesday as global service PMIs are due out...

Futures Higher Ahead of Key Economic Data, Earnings U.S. equity futures rose in early pre-market trade ahead of key earnings and economic data. The FOMC rate decision and policy statement is due out later today as well as the ISM Manufacturing Index and earnings from many key companies. Top News...

Futures Flat Despite Italian Weakness, Eye FOMC Decision U.S. equity futures were flat in early trade as Italian shares plunged. This occurred as the euro rose above 1.35 against the dollar for the first time since 2011, showing broad strength against a basket of currencies. Economists and...

Companies added a moderate number of new jobs, and fewer workers filed for unemployment in the week ending October 27 than in the prior week, according to two separate reports released Thursday morning. As the data were compiled in advance of Hurricane Sandy, the disaster did not effect the reports...