Private sector employment increased by 174,000 jobs from December to January according to the January according to the December ADP National Employment Report®. . The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.
“The labor market continues its slow recovery amid COVID-19 headwinds,” said Ahu Yildirmaz, vice
president and co-head of the ADP Research Institute. “Although job losses were previously concentrated
among small and midsized businesses, we are now seeing signs of the prolonged impact of the pandemic
on large companies as well.”
emphasis addedThis was well above the consensus forecast of 45,000 for this report.
Amazon, Bezos, Google, SpaceX - 5 Things You Must Know Wednesday TheStreet 2/3/2021
Here are five things you must know for Wednesday, Feb. 3:
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1. Stock Futures Fluctuate After Amazon and Alphabet Earnings
Stock futures fluctuated Wednesday but Nasdaq futures rose after tech giants Amazon.com and Alphabet posted strong earnings that impressed investors.
Contracts linked to the Dow Jones Industrial Average fell 12 points, S&P 500 futures gained 19 points and Nasdaq futures were up 74 points. Stocks finished sharply higher on Tuesday.
The retail frenzy in stocks such as GameStop and AMC Entertainment subsided further. Shares of GameStop, the video game retailer, were rising slightly in premarket trading Wednesday after falling 60% in the previous session.
Biden, Trump, Capitol Chaos, Twitter, Plug Power - 5 Things You Must Know Thursday TheStreet 1/7/2021
Here are five things you must know for Thursday, Jan. 7:
1. Stock Futures Rise as Democrats Win Senate
Stock futures rose Thursday after Democrats won control of the Senate and Joe Biden was recognized by Congress as the next U.S. president.
Contracts linked to the Dow Jones Industrial Average gained 126 points, S&P 500 futures rose 22 points and Nasdaq futures were up 106 points.
Stock futures maintained gains after jobless claims in the week ended Jan. 2, fell 3,000 to 787,000.
Stocks closed higher Wednesday and the Dow finished at a record high even as the U.S. Capitol was locked down after supporters of President Donald Trump stormed past barricades and breached the building.
1. Stock Futures Rise as Democrats Win Senate
Stock futures rose Thursday after Democrats won control of the Senate and Joe Biden was recognized by Congress as the next U.S. president.
Contracts linked to the Dow Jones Industrial Average gained 126 points, S&P 500 futures rose 22 points and Nasdaq futures were up 106 points.
Stock futures maintained gains after jobless claims in the week ended Jan. 2, fell 3,000 to 787,000.
Stocks closed higher Wednesday and the Dow finished at a record high even as the U.S. Capitol was locked down after supporters of President Donald Trump stormed past barricades and breached the building.