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ADP Jobs Report Tops Forecasts, Muddling Fed Outlook; S&P 500 Steady
Investors·2025-11-05 21:31

BREAKING: Futures Mixed After Jobs Data, ADP's estimate of net private-sector job growth for October showed a return to modest job growth. The report has outsized significance as the government shutdown cancels another Bureau of Labor Statistics jobs report. S&P 500 futures were little changed, with Advanced Micro Devices (AMD) falling modestly in reaction to its earnings report. After Federal Reserve Chairman Jerome Powell insisted that a December rate cut is "far from" a done deal last week, the ADP jobs ...