ADP Higher Than Expected
ADPADP(ADP) ZACKS·2024-10-30 23:56

Economic & Earnings CommentaryJobs Week continues this morning, further articulating one half of the Fed’s mandate in determining future interest rate cuts. Pre-market futures haven’t changed much in the minutes following the release, which are mixed right now: the Dow -63 points at this hour, the S&P 500 +3 and the Nasdaq +20 (coming off its first all-time closing high since July).This morning’s jobs figures follow yesterday’s JOLTS numbers — which came in lower-than-expected at 7.44 million open positions ...