6 Stories

On Eve of Jobs Report, a Shiny Number

ADP says private sector added 201K jobs in August, but it's been wrong before...

(Newser) - Teams Obama and Romney will likely be biting their nails come 8:29am tomorrow, as the first of the three remaining pre-election jobs reports are issued. With less than 24 hours to go, some hints of what may come:
  • In what the AP calls an "encouraging sign," a
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Stocks Climb on ADP Report

(Newser) - Stocks headed north at the open today as a better-than-expected ADP report outweighed Bank of America's poor "stress test" grade, reports the Wall Street Journal. The Dow rose 64 points, while the Nasdaq and S&P added 9.26 and 8.97 points respectively. Bank of America rose 6%... More »

May Starts Slowly; Dow Up 41

April employment report is next key metric for investors

(Newser) - Stocks closed moderately higher today after a seesaw session with light trading volume, the Wall Street Journal reports. After a strong April, investors are trying to predict how a recovery—or the lack of one—will play out, and are anticipating ADP’s April employment report, due next week. Manufacturing... More »

Stocks Dive on Jobs Report

(Newser) - A worse-than-expected jobs report sent stocks tumbling at the open today. The Dow careened down 125 points, while the S&P and Nasdaq sunk 1.8% and 1.9%, respectively. The private sector lost 742,000 jobs in March, according to a new ADP report. Investors were also nervous about... More »

Dow Ticks Up Despite Job Woes

522K lost last month, fewer than analysts predicted

(Newser) - Stocks were mixed at today’s open after a report estimating that 522,000 private-sector jobs were lost last month, the Wall Street Journal notes. The Dow started down but was recently up 41 points, while the S&P 500 and Nasdaq were marginally higher. Dragging on the Dow were... More »

Market Down, But News Is Good

Tech stocks drop, but new signs crisis is ending

(Newser) - Stocks fell today as the tech sector dragged the Dow down 79.26 points to 13,968.05—but the mood was upbeat nonetheless, as a jobs survey fueled hopes  that payrolls began to rebound in September. All eyes are on a key hiring report coming out Friday; good news... More »

6 Stories