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Watching jobless claims after recent ADP; curious about next tech moves
ADP numbers came in softer than expected yesterday, which could start shaping expectations for Friday's NFP. Today's jobless claims will be another data point to see if the labor market is actually cooling, or if it's just noise. Still watching the usual suspects, $RBLX up to 50.13 seems to be holding some ground after testing 51.05 earlier, and general tech names could react to a clearer jobs picture. Keeping an eye on bond yields for any significant moves if the narrative shifts on rates.
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ADP often gets revised, so I'd be careful not to read too much into it before NFP. Claims will provide some color, but it's really the trend that matters, not one-off prints. Focus on the bigger picture for tech.