"U.S. Stock Futures Rise Despite Weaker Jobs Data"

TL;DR Summary
U.S. stocks opened higher after a weaker-than-expected private-sector jobs report showed moderate growth in hiring in November. The Dow Jones Industrial Average rose 0.2%, the S&P 500 gained 0.3%, and the Nasdaq Composite increased 0.4%. The ADP payroll estimate, although not a reliable predictor, indicated slower hiring and a softer labor market. Investors are awaiting the official jobs data, jobless claims numbers, and the November employment report for further insights into the state of the economy and the impact of higher interest rates. Additionally, bank CEOs' testimonies and corporate earnings reports are being closely monitored.
- U.S. stock futures remain higher after weaker-than-expected private sector jobs report MarketWatch
- Stock market news today: Stocks rise as jobs market shows more signs of softening Yahoo Finance
- Dow rises for first day in three after data shows falling labor costs: Live updates CNBC
- Stocks, gold gain as investors stay cheery on rate outlook Reuters
- Dow Jones Futures Rise On Weak Jobs Data; Apple Stock Breaks Out Past Buy Point Investor's Business Daily
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
3 min
vs 3 min read
Condensed
84%
598 → 95 words
Want the full story? Read the original article
Read on MarketWatch