Adp stock price today forecast upcoming economic data could enhance

Upcoming economic data could enhance ADP stock price today forecast, especially if job creation beats consensus, further fueling confidence in payroll service demand. Intel Corp. (NASDAQ: INTC ) surged more than 4% on Friday, extending its weekly gain to around 20% following last week’s 22% advance. The chipmaker continues to ride the momentum of Nvidia Corp. ‘s (NASDAQ: NVDA ) $5 billion investment pledge, which reinvigorated investor enthusiasm. A report from the Institute for Supply Management on Thursday showed economic activity in the services sector rose more than expected in August. 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.