Private company hiring bounced back with a 104,000 increase in July, ADP says
Payrolls rose by a seasonally adjusted 104,000 for the month, reversing a loss of 23,000 in June.
What potential follow‑through should traders expect if the hiring momentum continues in August?
Does the magnitude of the bounce raise concerns about data volatility for future economic forecasts?
How might this hiring surge influence sector rotations, particularly between cyclical and defensive stocks?
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23 days ago