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All three major U.S. stock indexes finished with back-to-back gains on Wednesday, with investors using November's unexpectedly weak private-sector hiring report to solidify expectations for a quarter-point interest-rate cut from the Federal Reserve next week.
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Trump Returns to Gasoline as Fuel of Choice for Cars, Gutting Biden's Climate Policy The New York TimesTrump proposes slashing fuel efficiency standards for passenger cars CNBCTrump proposes weaker vehicle mileage rules, cutting climate policies Al JazeeraTrump announces plan to rescind Biden-era fuel-economy standards for vehicles CNN
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US private payrolls post largest drop in more than 2-1/2 years in November ReutersPrivate Employers Cut Jobs in November, the Latest Sign of a Slowdown The New York TimesUS Companies Keep Shedding Jobs BloombergStock market today: Dow and S&P 500 rise, Nasdaq pares losses as key ADP jobs data shows weakness Yahoo Finance
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The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.
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Dow rises as investors shake off weak jobs data, Microsoft decline: Live updates CNBCPrivate Employers Cut Jobs in November, the Latest Sign of a Slowdown The New York TimesA first look at November hiring shows the private sector lost 32,000 jobs CNNStock market today: Dow and S&P 500 rise, Nasdaq pares losses as key ADP jobs data shows weakness Yahoo Finance
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The new Omnicom Media leadership structure includes only a small group of former IPG executives, according to a document viewed by ADWEEK
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