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Markets Swing to Negative on Healthy Econ Data (& Higher Bond Yields)
ZACKS· 2025-01-07 23:26
Tuesday, January 7, 2025 Market indexes began the trading day in positive territory, but relinquished it on monthly economic data that was released shortly after the open. The Dow dropped -178 points, -0.44%, and it was the leader among major indexes. Both the S&P 500 and Nasdaq lost their two-day winning streak, -1.11% and -1.88%, respectively today. (The Nasdaq basically gave back yesterday's gains.) And the small-cap Russell 2000 slipped -0.97% on the session. However, when this report came out, stock ma ...
Key Labor Market Data to Deluge This Week
ZACKS· 2025-01-06 16:56
In this first full trading week of the new year, pre-market futures are up again this morning, after a Friday trading session that saw both the Dow and the Nasdaq raise by more than +300 points each. At this hour, the Dow is up an additional +185 points, the Nasdaq +220 and the S&P 500 +45.The trading lows for the month were from the first trading day of 2025, on Thursday. Perhaps we’re seeing a bit more hopeful sentiment as we are now two weeks from a new Trump administration taking over the White House. D ...
ADP to Announce Second Quarter Fiscal 2025 Financial Results on January 29, 2025
Prnewswire· 2024-12-18 13:00
ROSELAND, N.J., Dec. 18, 2024 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the second fiscal quarter ending December 31, 2024 before the opening of the Nasdaq on Wednesday, January 29, 2025.ADP will also be hosting a conference call at 8:30 a.m. ET on January 29, 2025 to discuss these results. Maria Black, President & Chief Executive Officer, Don McGuire, Chief Financial Officer and Matthew Keating ...
More All-Time Closing Highs on Big Day for Data
ZACKS· 2024-12-05 00:30
Wednesday, December 4, 2024New all-time closing highs came to the Dow, S&P 500 and the Nasdaq once again today. The Dow grew by an impressive +308 points, or +0.69% on the session, the S&P 500 was +36 points, +0.61%, while the Nasdaq gained a whopping +254 points on the day, +1.30%. The small-cap Russell 2000 hiked up +11 points, +0.46%. Services, Factory Orders and Beige BookWe had a busy morning with economic data today — not only with the lower-than-expected private-sector payroll data from ADP (ADP) ahe ...
ADP +146K: Lighter than Expected
ZACKS· 2024-12-04 16:05
Wednesday, December 4, 2024Pre-market futures have remained in the green following a key inflation report this morning ahead of the open. The Dow leads the way, +170 points — which has plenty to do with double-digit gains from Salesforce (CRM) yesterday afternoon — while the S&P 500 and the Nasdaq, fresh off another all-time closing high Tuesday, are up +18 points and +145 points, respectively.ADP Reaches 146K: Smaller than Expected; Manufacturing -26KThis morning, Jobs Week continues with the release of mo ...
Gold prices continue to consolidate as ADP says 146K jobs created in November
KITCO· 2024-12-04 13:26
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
Markets Await More Economic Data
ZACKS· 2024-12-03 16:47
Pre-market futures are flat as a pancake at this hour, with none of the major indexes either up or down 0.1% currently. We’re still a day away from early morning jobs data, which starts tomorrow with private-sector payrolls for November from Automatic Data Processing ((ADP) . Ahead of today’s open, we’re essentially devoid of market-moving news.JOLTS to Kick Off Jobs Week, 10am ETThe big news of today will like be the Job Openings and Labor Turnover Survey (JOLTS), which has tracked the labor market in term ...
Wall Street Awaits Jobs Data
ZACKS· 2024-12-02 16:36
It’s the final Jobs Week of 2024 this week, and as such holds particular importance for the Fed, who will decide on forward monetary policy based partly on the health of the U.S. labor market. Last month, we saw a huge gap between private-sector payrolls from ADP ((ADP) coming in at +233K new jobs filled, and the U.S. government’s Employment Situation report only brought in +12K positions. We’ll see if revisions pull these numbers closer together.Tuesday brings us the latest JOLTS report for October, which ...
Why Is ADP (ADP) Up 6.1% Since Last Earnings Report?
ZACKS· 2024-11-29 17:38
It has been about a month since the last earnings report for Automatic Data Processing (ADP) . Shares have added about 6.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is ADP due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. ADP's Q1 Earnings Beat EstimatesAutomati ...
ADP Unveils HR Trends Shaping Work in 2025
Prnewswire· 2024-11-18 13:50
Experts share insights and resources to help employers navigate HR trends and priorities in the year aheadROSELAND, N.J., Nov. 18, 2024 /PRNewswire/ -- From developments in generative artificial intelligence (AI), skill-building and employee well-being to laws and regulations surrounding AI and pay transparency, the global world of work will continue to transform in 2025. To help employers navigate shifting priorities, ADP today unveiled the key HR trends employers should have on their radar and the resourc ...