US Average Weekly Prelim Estimate ADP (4-week, w/e 20th Dec) +11.75k (Prev. +11.5k, Rev. +11k)
Newsquawk Staff ·
US Average Weekly Prelim Estimate ADP (4-week, w/e 20th Dec) +11.75k (Prev. +11.5k, Rev. +11k)
What it means
The latest ADP estimate of average weekly earnings shows a slight increase, moving to +11.75k from a revised +11k previously. This modest uptick can suggest continuing resilience in the labor market, although the change is relatively small and may not indicate a significant trend shift. Traders should consider how this aligns with broader employment data and potential implications for monetary policy going forward.
Sources
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)
- Super Micro Computer Inc. (SMCI) Q1 2027 (USD): Adj. EPS 1.81 (exp. 1.20), Revenue 19.9bln (exp. 16.02bln)
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)
- The Yemeni Armed Forces reportedly attack vital facilities in the southern region of Saudi Arabia, reports Sabereen News
- US Market Wrap: Tech weakness offsets US/Iran diplomacy hopes but crude slumps ahead of midterms
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