The catalyst
ADP Nonfarm Employment Change For Oct 86K Vs 67K Est.
The thesis
ADP reported October nonfarm employment growth of 86K, above the 67K estimate by 19K, creating a concrete macro catalyst for broad-market trading.
October hiring beat estimates by 19K, giving broad-market bulls fresh payroll fuel.
Cleared the 75 line by 3.
ADP Nonfarm Employment Change For Oct 86K Vs 67K Est.
ADP reported October nonfarm employment growth of 86K, above the 67K estimate by 19K, creating a concrete macro catalyst for broad-market trading.