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Adp Payrolls

All articles tagged with #adp payrolls

Yields Rise as Payrolls Beat Forecasts, Oil Climbs
markets10 hours ago

Yields Rise as Payrolls Beat Forecasts, Oil Climbs

U.S. Treasury yields moved higher after the ADP private payrolls report showed May gains of 122,000 (the strongest since January 2025). The 10-year yield rose to about 4.489%, the 2-year to about 4.078%, and the 30-year to about 4.989%. Oil prices also climbed, with WTI closing at $96.02 and Brent at $97.81. The ISM services index came in at 53.6, and job openings rose to 7.6 million in April—the highest since May 2024 (per BLS, with a correction noted). The moves come amid ongoing Middle East tensions and shifting energy and labor data.

US Private Sector Loses 32,000 Jobs in September Amid Market Uncertainty
business8 months ago

US Private Sector Loses 32,000 Jobs in September Amid Market Uncertainty

The ADP National Employment Report indicates a decline of 32,000 private sector jobs in September, signaling potential softening in the labor market, especially as the upcoming government jobs report may be delayed due to a government shutdown. This decline is the largest since March 2023 and raises concerns about economic momentum and the Federal Reserve's upcoming interest rate decision.

"Market Surge: ADP Payrolls and GDP Revision Propel SP500"
finance2 years ago

"Market Surge: ADP Payrolls and GDP Revision Propel SP500"

US stocks, including the S&P 500, Nasdaq Composite, and Dow, rose slightly following a soft ADP payrolls gain and a downward revision of Q2 economic growth. The tech-heavy Nasdaq Composite was up 0.7%, while the S&P 500 and Dow were up 0.5% and 0.4% respectively. The ADP report showed private payrolls up 175K, lower than expected, but had little impact on rates. The market rally on Tuesday was driven by weak economic data, including a slump in job openings and a drop in consumer confidence, which reduced expectations of further rate hikes by the Federal Reserve. Revised Q2 GDP numbers were also lower than expected.