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US stocks fall as November ADP jobs report misses expectations
1 month ago | By Business Insider
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US stocks declined on Tuesday as November's ADP employment report showing 307,000 new jobs added came in below expectations.
US investors could point to good news across the pond, as the UK became the first country in the world to grant emergency use authorization for Pfizer's and BioNTech's COVID-19 vaccine.
Watch major indexes update live here .
US stocks declined on Tuesday, even as the UK became the first country in the world to grant emergency use authorization for Pfizer's and BioNTech's COVID-19 vaccine.
The UK is expected receive nearly 1 million vaccine...
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US companies added 307,000 jobs in November, fewer than economist forecasts, ADP says
1 month ago | By Business Insider
Summary List Placement US business hiring slowed in November as rising COVID-19 cases and fresh economic restrictions curbed job growth.
The nation's private sector added 307,000people to payrolls last month, according to the ADP monthly employment report published Wednesday. Economists surveyed by Bloomberg expected 440,000 new payrolls. The reading also landed below the revised 404,000 reading for October.
"While November saw employment gains, the pace continues to slow," Ahu Yildirmaz, vice president and co-head of the ADP Research Institute, said. "Job growth remained positive across...
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