Major indices opened higher on Wednesday as market participants continued to reassess valuations across the AI-linked megacap space and thumbed over upbeat private payrolls figures.
Private sector payrolls rose more than expected in October, according to ADP, offering a modest sign of resilience in the US labour market.
U.S. private payrolls rebounded sharply in October, but the turnaround likely does not suggest a material shift in the labor market because some industries such as professional business services shed ...
Gold prices rose over 1% on Wednesday as investors avoided riskier assets despite stronger-than-expected private U.S.
US private employers added 42,000 jobs in October, signaling modest labor market resilience amid the ongoing federal shutdown ...
"Gold and silver are modestly higher despite a stronger-than-expected ADP private payrolls report, which is the best broad ...
The US job market experienced a significant downturn in October 2025, marked by a loss of 50,000 jobs according to Goldman ...
ADP private payrolls took center stage as the US shutdown, which has stifled the flow of official data, became the longest ever.
The figures come after an array of companies flagged plans to reduce headcount in recent weeks Read more at The Business ...
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Read more at The Business Times.
Stock markets mostly rose on Wednesday on optimism that the US government shutdown was nearing an end and on hopes of another ...