Weakest ADP jobs report in two years points to hiring freeze tied to trade wars. Is the worst over? - MarketWatch
1. Private sector created only 37,000 jobs in May, underperforming expectations. 2. Trade wars are causing firms to pause hiring and limiting economic growth. 3. Market reactions show slight rises in DJIA and S&P 500 despite concerns. 4. Federal Reserve may lower interest rates if inflation concerns arise. 5. Continued hiring weakness is expected due to ongoing trade tensions.