Summary
U.S. stocks were mixed on Wednesday morning as investors digested new economic data and ahead of the Fed’s interest rate decision. According to ADP’s latest National Employment Report, U.S. private employers added 192,000 jobs in April, slightly ahead of expectations for 183,000. Job gains were broad based, with all sectors reporting gains aside from IT — which lost 4,000 jobs. The ISM Manufacturing PMI in the United States fell to 49.2 in April of 2024 from 50.3 in the earlier month, below market e
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