To new record closed today (4.9.2025) S&P 500 Wall Street After a rise that pushed the shares firmly to the green, as investors exceeded the weak data on private employment earlier on the same day. An important employment report is now dominated by the market, with investors wanting a result on Friday (5.9.2025) that will boost the chances of reducing interest rates without causing fear of recession.
In particular, Wall Street’s wide S&P 500 index closed 0.83% to 6,502.08, while Nasdaq Composite closed 0.98% to 21,707.69. Dow Jones Industrial Average closed with 350.06 points, or 0.77%, at 45,621.29 points. It was the 21st record of the S&P 500 so far this year.
ADP’s payroll report in the private sector showed an increase of 54,000 jobs in August. Economists asked by Dow Jones expected that private sector employers would add 75,000 jobs. This number is also smaller than the revised number of 106,000 jobs in July.
However, the shares rose as investors believed that recent ADP data was weak enough to justify a decline in interest rates by the federal bank in September, but not weak enough to foretell recession. Investors have raised their expectations that the Central Bank would reduce interest rates on September 17, with federal federal federal contracts rising after the ADP report, according to CME Group’s Fedwatch tool. They reported that there was a 97% chance that interest rates will be reduced.
“The freedom of movement of the US Federal Bank in the labor market is over,” said Jamie Cox, a managing partner of Harris Financial Group. “ADP figures continue to reinforce the view that the rate of positive change in the labor market has slowed significantly, so you can expect the Fed leaning the balance of risks to reduce interest rates in September.”
Officials from US government bonds declined after ADP data, relieving pressure on the market. Earnings were reduced by yields earlier this week, as the performance of 30 -year bonds exceeded 5% on Wednesday, amid increased uncertainty about President Donald Trump’s duties, as well as threats to Fed’s independence.