Goldilocks ADP Jobs Numbers, Q3 GDP and Earnings

Wednesday, October 30, 2024Jobs 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 fo ...