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Businesses boost hiring in March, ADP says, despite economic uncertainty spawned by tariffs - MarketWatch

1. Private-sector added 155,000 jobs in March, exceeding expectations. 2. Unemployment remains low at 4.1%, indicating labor market stability. 3. Policy uncertainty due to tariffs affects corporate planning and investment. 4. Wall Street firms raised recession forecasts, but few expect immediate downturn. 5. DJIA premarket trading showed a slight decline of 0.03%.

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FAQ

Why Neutral?

The job growth was higher than expected, yet tariff uncertainties limit bullish outlook. Historically, similar mixed employment news has had muted effects on DJIA.

How important is it?

Strong employment data may reassure investors, yet tariff implications foster caution.

Why Short Term?

Immediate reactions hinge on upcoming economic reports. Job data typically impacts DJIA quickly but stabilizes thereafter.

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