The Latest Breaking News from Paychex

Employee wages are one of the biggest costs for small businesses

As Paychex underperformed the broader Dow Jones Industrials Average over the past year, Wall Street analysts remain cautious about the stock’s prospects.

Paychex has significantly underperformed the broader market in the past year, and Wall Street analysts are cautious about the stock’s prospects.

Paychex is set to report fiscal Q1 earnings in September, with analysts predicting no change from last year’s first-quarter figure.

Paychex has underperformed the Nasdaq Composite this year, and Wall Street analysts are cautious about the stock’s prospects.

Stock Market Today: The Dow Jones dropped Wednesday after key housing data. Rivian soared 30% on a $5 billion Volkswagen investment.

September S&P 500 E-Mini futures (ESU24) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.12% this morning as U.S. Treasury yields marched higher, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

September S&P 500 E-Mini futures (ESU24) are up +0.03%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.12% this morning as U.S. Treasury yields marched higher, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

September Nasdaq 100 E-Mini futures (NQU24) are trending up +0.19% this morning as Nvidia and other chip stocks continued to rise, while FedEx shares surged following better-than-expected quarterly results and profit forecast.

September S&P 500 E-Mini futures (ESU24) are up +0.23%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.38% this morning as investors cheered forecast-beating quarterly results and profit forecast from global economic bellwether FedEx, while also awaiting an earnings report from memory chipmaker Micron Technology.

Automatic Data Processing has underperformed the broader market, and Wall Street analysts are cautious about the stock’s outlook.