ADP Nonfarm Employment Change: Actual: 41K; forecast 49K; previous -32K
"Hiring has been choppy of late as employers weather cautious consumers and an uncertain macroeconomic environment. And while November's slowdown was broad-based, it was led by a pullback among small businesses" - ADP economist reports.
Lower-than-expected ADP survey data focused on the US labor market is worse than expected. Lower employment growth reduces the chances of the Fed maintaining its conservative monetary policy, which strengthens sentiment around stocks.
The defense industry is recouping losses - is this a trend change?
Cocoa prices are rising again. Will chocolate become even more expensive?
Chart of the day: Gold Below Psychological $4,000 Level as Rate Hike Fears Deepen 🟡 📉(01.07.2026)
Market Wrap: Defence stocks rebound, European indices hover at all-time high 🔼 Rheinmetall gains 4%