Advertisement
New Zealand markets close in 3 hours 6 minutes

  • NZX 50

    11,862.83
    +59.55 (+0.50%)
     

  • NZD/USD

    0.5941
    +0.0007 (+0.12%)
     

  • NZD/EUR

    0.5544
    +0.0003 (+0.05%)
     

  • ALL ORDS

    7,943.90
    +6.00 (+0.08%)
     

  • ASX 200

    7,689.60
    +6.10 (+0.08%)
     

  • OIL

    83.32
    -0.04 (-0.05%)
     

  • GOLD

    2,332.80
    -9.30 (-0.40%)
     

  • NASDAQ

    17,471.47
    +260.59 (+1.51%)
     

  • FTSE

    8,044.81
    +20.94 (+0.26%)
     

  • Dow Jones

    38,503.69
    +263.71 (+0.69%)
     

  • DAX

    18,137.65
    +276.85 (+1.55%)
     

  • Hang Seng

    16,984.42
    +155.49 (+0.92%)
     

  • NIKKEI 225

    38,235.59
    +683.43 (+1.82%)
     

  • NZD/JPY

    91.8770
    +0.1110 (+0.12%)
     

ADP jobs report, earnings — What to know in markets Wednesday

Heidi Chung
·Reporter

Investors will shift their focus to private employment data and earnings announcements Wednesday.

Economists are anticipating that job growth in the U.S. private sector rebounded during the month of December after a disappointing November. The private sector is expected to have added 160,000 positions last month, up from the 67,000 job additions in the previous month, according to Bloomberg-compiled estimates.

A now hiring sign is seen at the Shoppers supermarket in Olney, Maryland January 7, 2016. Shoppers supermarket is part of the SuperValu Inc network of stores. Picture taken January 7, 2016. REUTERS/Gary Cameron
A now hiring sign is seen at the Shoppers supermarket in Olney, Maryland. Picture taken January 7, 2016. REUTERS/Gary Cameron

Though the ADP report is not always a reliable indicator of what the Bureau of Labor Statistics (BLS) report will illustrate, it does provide a bit of insight into the health of employment in the U.S.

ADVERTISEMENT

The BLS will release the December jobs report on Friday. Economists polled by Bloomberg are expecting the U.S. economy to have added 160,000 jobs in December, down from the 266,000 positions added in November.

Meanwhile, a few names will be releasing earnings reports Wednesday including Constellation Brands (STZ) and Walgreens Boots Alliance (WBA) before the market open and Bed Bath & Beyond (BBBY) after the market close.

—

Heidi Chung is a reporter at Yahoo Finance. Follow her on Twitter: @heidi_chung.

More from Heidi:

Find live stock market quotes and the latest business and finance news

Follow Yahoo Finance on Twitter, Facebook, Instagram, Flipboard, LinkedIn, and reddit.