Market dips following ADP employment data
2016-08-31 09:43:06
Stock futures drifted slightly lower, but remained generally quiet, following the release of the in-line ADP employment change report, which showed that private sector employment increased by 177,000 jobs from July to August. The futures action led to a slightly negative open, though the losses remain modest in early trading. The S&P has been lower four of the past five sessions and as the market begins the final day of August, the benchmark index is essentially flat for the month.