ADP showed private payrolls rose more than expected last month
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| | 9/05/2019 | |
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Dow Futures Roar Higher on Trade Talks, ADP Data | By Karee Venema | | Dow Jones Industrial Average (DJI) futures are trading well above fair value this morning, after a statement from China's Ministry of Commerce indicated trade talks were tentatively scheduled for "early October" following a call between Vice Premier Liu He and U.S. Trade Representative Robert Lighthizer. Traders are also panning the latest jobs data ahead of this Friday's nonfarm payrolls report. While ADP showed the private sector added a higher-than-anticipated 195,000 jobs in August, weekly jobless claims rose modestly last week. Futures on the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are higher, too, as the major markets look for back-to-back wins. Continue reading for more on today's market, including: | >> Continue reading... | |
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