Stock market today: Dow, S&P 500, Nasdaq hum along as Treasury yields sink after weak ADP jobs data

The above graph displays service status activity for Adp.com over the last 10 automatic checks. The blue bar displays the response time, which is better when smaller. If no bar is displayed for a specific time it means that the service was down and the site was offline. Despite the stark pullback in hiring, pay growth held up, presenting an encouraging sign of stability within the labor market, she said. The bulk of the hiring slowdown came from the goods sector, which lost 2,000 jobs, according to ADP’s report. US stocks were a mixed bag on Wednesday as Wall Street digested a sharp slowdown in private-sector hiring growth, with one eye on prospects for US-China trade talks as a steel tariff hike kicked in.

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However, declines of 17,000 in professional and business services, 13,000 in education and health services, and 4,000 in trade, transportation and utilities weighed on the total. While the two reports often differ, occasionally by large margins, the ADP count provides another snapshot of the jobs picture at a time when questions are being raised over broader economic conditions. Hundreds of users have reported being unable to connect and login to the platform, as per Downdetector.

Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says

The European Central Bank has cut the country’s main interest rate seven times in the past year. Pay growth for those who stayed at their employer and those who switched jobs was 4.5% and 7%, respectively. Companies employing fewer than 50 workers saw a loss of 13,000 while those with 500 or more employees reported a drop of 3,000.

I have been trying to retrieve my Pay stub statements for over a week now. Can login with password hit submit and it buffers to a BLANK screen. At work (Russell Stover) claims theirs is malfunctioned also. As told earlier, we tend to mix-up two approaches with respected weights – ping responses with localized servers and direct input from users. This approach helps us to give more genuine status of the given website. Cant access timesheet, “online.adp.com refused to connect.”

Optimism for a US-China trade pact dimmed after Trump called President Xi “extremely hard to make a deal with” in a post to social media early Wednesday morning. The Geneva tariff truce between the two has appeared increasingly fragile amid clashes over issues such as chip exports, rare earth supplies, Taiwan, and visas. ADP users are reporting issues with the HR and payroll service this morning. Submit your comments about Adp.com service status or report an issue below to let others know that they aren’t the only ones having trouble. Please note that your country, service provider and browser information will be displayed next to your comment to better analyze a possible outage.

Trump lashed out at Jerome Powell after seeing the ADP report early Wednesday, urging the Federal Reserve chair to lower interest rates. Errors on the adp.com website can be either on the server side or on your side (client side). Also experiencing current outage or problems is adp down today with ADP (Automatic Data Processing)? Just add a report by leaving a comment below and get a quick reply about the UP/Down status for ADP (Automatic Data Processing).

The only ‘Made in America’ smartphone maker has a message for Apple about manufacturing in the Trump tariff era

As a result, these firms made modest reductions to their employment levels, and are passing most — and in some cases all — of the tariff-related cost increases to their customers, according to the New York Fed. Job growth slowed for the second month in a row at private-sector firms, which added just 37,000 jobs in May, according to new employment estimates released Wednesday by payroll company ADP. On the data front, the ADP National Employment Report showed private-sector hiring growth fell sharply last month.

Provide feedback to Adp by selecting the option you are having issues with. Can’t access anymore and it won’t let me change my password. Starts to login and load dashboard and then goes back to password entry.

  • On the data front, the ADP National Employment Report showed private-sector hiring growth fell sharply last month.
  • The above graph displays service status activity for Adp.com over the last 10 automatic checks.
  • The official monthly jobs report from the Department of Labor will be released Friday morning.
  • As a result, these firms made modest reductions to their employment levels, and are passing most — and in some cases all — of the tariff-related cost increases to their customers, according to the New York Fed.

Private payrolls increased by just 37,000, the lowest in over two years and well below expectations. The official monthly jobs report from the Department of Labor will be released Friday morning. It is expected to show a slowdown from 177,000 jobs added in April to 130,000 in May. ADP’s tabulations don’t always correlate with the official federal jobs report, but it’s sometimes looked to as a proxy for overall hiring and wage growth activity. The report comes two days before the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics, which is expected to show a gain of 125,000 and the unemployment rate steady at 4.2%.

  • If adp.com is down for us too there is nothing you can do except waiting.
  • Overnight, Trump’s Tuesday order doubling tariffs on steel and aluminum imports to 50% came into effect, with only the UK spared the jump in duties on Wednesday.
  • Despite the stark pullback in hiring, pay growth held up, presenting an encouraging sign of stability within the labor market, she said.
  • All three major indexes moved into the green shortly after the opening bell.
  • Following the release, President Donald Trump called on the Federal Reserve and Chair Jerome Powell to lower interest rates.

May’s job gains, which marked a sharp stepback from the 60,000 jobs added that ADP reported for April, came in significantly below economists’ expectations for 130,000 jobs to be added. High economic uncertainy has hiring grinding to a halt at US businesses. “I see the U.S. economy as still being in a solid position, but heightened uncertainty poses risks to both price stability and unemployment,” Fed Governor Lisa Cook said Tuesday. If you can access a website at office or from a 3G network yet it’s not working on your computer, it is a good idea to use an alternative DNS service other than your ISPs. OpenDNS or Google Public DNS are both excellent and free public DNS services.

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In trying to log in to the ADP app but got an error message stating the app was down at this time. We have tried pinging ADP website using our server and the website returned the above results. If adp.com is down for us too there is nothing you can do except waiting. Probably the server is overloaded, down or unreachable because of a network problem, outage or a website maintenance is in progress… Fed officials are expected to stay on hold regarding interest rates when they meet in two weeks.

S&P 500 futures slid 0.1%, and futures tied to the Nasdaq 100 slid 0.2%. All three major indexes moved into the green shortly after the opening bell. Richardson pegged the loss of hiring momentum to downbeat consumer sentiment and trade policy uncertainty. On the services side, leisure and hospitality (38,000) and financial activities (20,000) provided some signs of strength.

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