Automatic Data Processing's (NASDAQ:ADP) Investors Will Be Pleased With Their Notable 80% Return Over the Last Five Years

Yahoo FinanceJan 11 22:00

ISG Study Says Need for Flexibility Is Driving Demand for AI-Powered Payroll Platforms

BusinesswireJan 10 23:00

Gold prices rose slightly as investors await Friday's non-farm payroll report.

Despite the strong dollar, gold prices rose slightly in early trading as investors sought safe-haven Assets amid increasing market uncertainty. December's ADP employment data in the USA was weaker than expected, providing some support for the Federal Reserve's potential to be less cautious regarding interest rate cuts. However, the Federal Reserve's meeting minutes released on Wednesday showed that officials currently intend to keep interest rates stable, indicating they see risks of inflation being higher than expected, partly due to the uncertainty surrounding President-elect Trump's policies. Paul Ashworth of Capital Economics stated, "The current median interest rate forecast indicates a total cut of only 50 basis points this year."

Global market broadcast.Jan 9 17:01

The central parity rate of the RMB against the US dollar is reported at 7.1886, up by 1 point.

On January 9, the RMB middle rate against the USD was reported at 7.1886, an increase of 1 point. Federal Reserve meeting minutes: many officials believe that caution is needed in the "next few quarters". The Federal Reserve released the minutes of the December monetary policy meeting. The minutes indicate that participants stated if the data performs as expected, it would be appropriate to continue gradually moving toward a more neutral policy stance; the Federal Reserve is at or near the point suitable for slowing the pace of easing; many officials believe that caution is needed in the "next few quarters". The "little non-farm" unexpectedly fell short of expectations! On Wednesday, the ADP employment report, known as the "little non-farm", showed that in December of last year, the USA...

Market NewsJan 9 09:19

Guotai Futures: USA's non-farm payrolls unexpectedly declined, leading to a slight rebound in gold prices.

On January 8, COMEX Gold fluctuated and rose, closing at $2679.8 per ounce, an increase of 0.28%. Domestically, SHFE Gold fell back at the end of the night session, closing at 628.18 yuan per gram, an increase of 0.19%. Signs of cooling have emerged in the USA job market, with the ADP employment numbers in December increasing by 0.122 million people, marking the lowest growth since August 2024, while wage growth has fallen to the lowest level since July 2021. The number of first-time claims for unemployment benefits in the USA last week was 0.201 million, the lowest since February 2024. After the data was released, US bond yields fell, and the yield on the 10-year US Treasury.

Sina FuturesJan 9 07:40

Automatic Data Processing Insider Sold Shares Worth $597,095, According to a Recent SEC Filing

MT NewswiresJan 9 06:10