
Private sector added 44,000 jobs in July, below expectations, ADP says
The figure reported on Wednesday is below economists' estimates of an increase of 70,000 jobs. The prior month's reading was revised lower to 95,000.
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The figure reported on Wednesday is below economists' estimates of an increase of 70,000 jobs. The prior month's reading was revised lower to 95,000.

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Private companies added 44,000 jobs in July, a slowdown from the 95,000 the prior month and below market expectations, ADP reported Wednesday. Virtually all of the job gains came from healthcare related sectors, with goods-producing industries seeing a net loss.

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US stock futures were mixed on Wednesday as optimism over a possible Middle East agreement supported the Dow and S&P 500, while post-earnings selling in SpaceX and AMD weighed on the Nasdaq. At 7:00 am ET, Dow futures rose 195 points and S&P 500 contracts gained 0.41%, while Nasdaq 100 futures slipped 0.02%.

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