ADP Data Higher Than Expected in September

Economic Indicators - Pre-market futures are mixed with the Dow down 65 points and the S&P 500 down 5 points, while the Nasdaq is up 20 points [1] - ADP reported 143K new jobs in the private sector for September, exceeding the expected 128K and up from the revised 103K from the previous month [2] - The Goods/Services ratio returned to normal, with 42K jobs from the Goods sector and 101K from Services [2] - Small businesses lost 8K jobs, while medium-sized firms gained 64K and large companies added 86K jobs [2] Wage Growth - Average wage growth for those staying in their jobs was 4.7%, while job changers saw a growth of 6.6%, both down from previous months [3] Company Performance - ConAgra reported Q1 earnings of 53 cents per share, missing the Zacks consensus of 59 cents and down from 66 cents in the same quarter last year, resulting in a negative earnings surprise of 10.17% [4] - Revenues for ConAgra were $2.79 billion, which is 1.57% below consensus expectations [4] - Following the earnings report, ConAgra's shares fell by 5%, impacting the company's year-to-date gains of 14% [4]