Stock Market Update
04-Dec-24 08:30 ET
ADP Employment Change for Nov.
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +18.00. Nasdaq futures vs fair value: +141.00.
The S&P 500 futures are up 19 points and are trading 0.3% above fair value, the Nasdaq 100 futures are up 141 points and are trading 0.7% above fair value, and the Dow Jones Industrial Average futures are up 173 points and are trading 0.4% above fair value.
A short time ago, the November ADP Employment Change report estimated that private sector payrolls increased by 146,000 in November (Briefing.com consensus 170,000) following a revised 184,000 increase in October (from 233,000).
Treasuries didn't react much. The 10-yr yield is at 4.27% and the 2-yr yield is at 4.20%.
