Adp stock price today as of the latest market update

As of the latest market update, ADP stock price today is consolidating at approximately $242.80, reflecting investor optimism ahead of upcoming U.S. jobs reports. The stock’s 50-day moving average is rising, signaling continued bullish sentiment in the business services sector. “The prospect of a shutdown has been well known for weeks now, and betting markets were pricing in a near certainty of one yesterday, so if markets really were concerned and there was even a bit of truth to the Efficient Market Hypothesis, the S&P 500 wouldn’t have traded up 0.4% yesterday,” Hickey wrote. With the US jobs report for September likely to be delayed due to the government shutdown, private payroll data is in greater focus among economists and market watchers. Active traders are eyeing ADP stock price today at $243.22, up slightly from yesterday’s close. Sector rotation into stable, dividend-paying stocks appears to be providing tailwinds for ADP, which currently offers a dividend yield near 2.1%.