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ADP says just 77,000 private jobs created in February as businesses navigate Trump tariffs - MarketWatch

1. U.S. jobs growth slowed to 77,000 in February, below expectations. 2. Economists suggest policy uncertainty impacts hiring and consumer spending. 3. Unemployment remains low at around 4%, but risks to employment persist. 4. ADP's report indicates potential hiring hesitancy among employers. 5. DJIA and SPX pre-market trading indicate slight upward movements post-losses.

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FAQ

Why Bearish?

Slower job creation and economic uncertainty may harm investor confidence. In past instances, weak job reports have led to market downturns, especially in response to policy changes.

How important is it?

Weak employment data draws investor concerns, potentially influencing DJIA's short-term movements.

Why Short Term?

Immediate hiring hesitancy and increased jobless rate could affect markets soon. Historical data shows markets react quickly to job reports.

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