Nasdaq 100 Jun 24 (NQ=F)

Stocks gain as markets weigh soft ADP report

Stock futures (YM=F, ES=F, NQ=F) are trending higher Wednesday as markets digest the latest jobs data. The May ADP employment data was weaker than expected, pointing to signs of a cooling labor market. Yahoo Finance's Brad Smith and Madison Mills break down the details of the report, discussing how it is impacting market movements and fueling Federal Reserve rate cut hopes. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith