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Did the U.S. economy really lose jobs in June for the first time since the pandemic? Payroll king ADP says yes, but investors ought to take its report with a very large grain of salt.
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Stock Market Today: Dow Slips on ADP Jobs Data; Tesla Stock in Focus —Live Updates WSJThe private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says CNBCStock market today: Dow, S&P 500 slip after surprise ADP jobs reading Yahoo FinanceUS stocks hold steady ahead of Thursday's jobs report as Tesla rallies AP News
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The monthly drop was the first in two years, as economic uncertainty slowed hiring to a trickle.
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