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Dow Jones Today: Stock Futures Slip Following Private Jobs Data; Disney Meeting in Focus
DisneyDisney(US:DIS) Investopedia·2024-04-03 13:05

Stock futures fell in premarket trading following a strong employment report that amplified concerns the Fed will delay the interest rate cuts markets have penciled in for June.  ADP's monthly employment report showed U.S. private employers adding 184,000 jobs in March, more than analysts were expecting. The surprising jump in hiring, the largest since July, suggested the labor market remains resilient. That could give credence to Fed officials' claims that there's no need for them to rush into cutting rat ...