U.S. Stocks Lower as ADP Report Shows Jobs Drop

Core Viewpoint - Stocks declined following the government shutdown and an unexpected contraction in private-sector payrolls reported by ADP last month [1] Group 1 - The government shutdown has negatively impacted market sentiment, contributing to the decline in stock prices [1] - The ADP report indicated that private-sector payrolls unexpectedly contracted, suggesting potential weaknesses in the labor market [1]