Stock Market Update

01-Jul-26 08:24 ET
ADP National Employment Report
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: -14.00. Nasdaq futures vs fair value: -108.00.

The S&P 500 futures currently trade 14 points below fair value.

Private sector employment increased by 98,000 jobs in June (Briefing.com consensus: 112,000 Prior: 122,000) and pay was up 4.4 percent year-over-year according to the June ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab.

The ADP National Employment Report is an independent measure of the labor market based on the anonymized weekly payroll data of more than 26 million private-sector employees in the United States. ADP's Pay Insights captures over 15 million individual pay change observations each month. Together, the jobs report and pay insights use ADP's fine-grained data to provide a representative and high-frequency picture of the private-sector labor market.

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