All articles tagged with #adp jobs
Boeing secured a $20 billion contract for next-generation fighter jets, boosting shares, while ADP reported 90,000 jobs added in September, exceeding forecasts. Treasury yields hit multi-year highs, pressuring equities, and consumer confidence fell to a 12-year low.
U.S. stocks pulled back on Wednesday as investors watched for clues on the Federal Reserve’s policy path from remarks by former Fed official Kevin Warsh; the Dow fell about 0.4%, the S&P 500 around 0.5%, and the Nasdaq about 0.8%, with ADP data showing cooler private payroll growth and Challenger noting fewer anticipated layoffs ahead of Thursday’s June jobs report, while oil prices pared gains ahead of the Fourth of July holiday.