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