SPY Attracts $1.5B in New Assets Despite Weak ADP Jobs Data
The SPDR S&P 500 ETF Trust (SPY) pulled in $1.5 billion, boosting its assets under management to $608.5 billion, according…
Tag: ADP
What is the main takeaway from ADP data? The U.S. job market has cooled.
Average payroll gain over past three months is weakest in two years, leading Trump to push for lower interest rates.…
Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open…
Trade wars dent hiring: ADP says businesses created paltry 37,000 private-sector jobs
Privately run businesses created just 37,000 new jobs in May — the smallest increase in more than two years — as…