Heard on the Street Wednesday Recap: Betting on Cuts
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📅 Published: 2025-12-04 08:30
📰 Source: Yahoo
📝 Words: 49
📝 Article Content
The Dow industrials added 0.9% and the Nasdaq composite gained 0.2%. New data from ADP showed the private sector shed 32,000 jobs in November. The "modest fall" should be enough to persuade Federal Reserve policymakers to vote for another rate cut next week, said Stephen Brown of Capital Economics.
📄 Summary
The Dow industrials added 0.9% and the Nasdaq composite gained 0.2%. New data from ADP showed the private sector shed 32,000 jobs in November. The "modest fall" should be enough to persuade Federal Reserve policymakers to vote for another rate cut next week, said Stephen Brown of Capital Economics.
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2025-12-11 18:38:31
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ADP - Automatic Data Processing Inc.
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