Current ADP stock price reflects buying interest from long-term funds seeking defensiveness in volatile markets. The HR technology sector's steady growth adds weight to bullish projections. On Wednesday, the first full day of the government shutdown, the S&P 500 ( ^GSPC ) gained 0.3% to close over 6,700 for the first time ever, landing at 6,711 on the day, while the Dow ( ^DJI ) rose 0.1% to notch a second straight all-time high. On Thursday, the three major indexes — the S&P 500, Dow, and the Nasdaq ( ^IXIC ) — all hit fresh records. ADP (Nasdaq: ADP) , a leading HR and payroll solutions provider, has nominated two distinguished executives to its Board of Directors: Karen S. Lynch , former President and CEO of CVS Health Corporation, and Robert H. Swan , former CEO of Intel Corporation and current Operating Partner at Andreessen Horowitz. ADP stock price is seeing modest upward pressure as hiring in health and tech sectors fuels payroll volumes. Forecast models show potential 3% quarterly growth.