Adp stock price today forecast hinges partly on the Fed’s rate

ADP stock price today forecast hinges partly on the Fed’s rate decisions; stable rates could foster stronger corporate payroll expansion benefiting ADP’s quarterly performance. Overseas stock markets today are higher.  The Euro Stoxx 50 rallied to a new record high and is up +1.24%.  China’s Shanghai Composite did not trade and is closed for the week-long Lunar New Year holiday.  Japan’s Nikkei Stock 225 closed up +0.87%. Job losses were steepest in the transportation & utilities sector, as well as education and health services, with 17,000 and 12,000 fewer folks employed in those sectors in August when compared to the prior month. Institutional reports place ADP stock price today forecast in a safe growth bracket, citing competitive advantage in compliance services amid changing labor legislation.