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Barchart
Barchart
Rich Asplund

Markets Today: Stocks Recover Overnight Looses on Weak ADP Report

December E-Mini S&P 500 futures (ESZ23) are up +0.05%, and the Dec Nasdaq 100 E-Mini futures (NQZ23) are up +0.06%.

Stock index futures this morning recovered from overnight losses and are slightly higher after the Oct ADP employment change rose less than expected, a dovish factor for Fed policy. Stocks also found support on a decline in T-note yields after the Treasury said it would sell $112 billion of T-notes and T-bonds in next week’s quarterly refunding, below expectations of $114 billion. 

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