S&P 500 closed Wednesday 11/5 at 6796, up 0.4% # ADP private payrolls higher than expected # Shutdown longest in history

[progree]

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Last edited Wed Nov 5, 2025, 07:22 PM - Edit history (200)

In the future I will only be doing these twice a week: Tuesday and Friday, unless it's really interesting.

10 Year TREASURY YIELD 4.16%, up 0.07 (about 2 weeks ago it fell to 3.98, its lowest point since April. Dunno what's caused the surge in general, Wednesday's surge came from brightened economic outlook resulting from the +42,000 ADP jobs report).
https://finance.yahoo.com/quote/%5ETNX/

Bitcoin: up 2.7% to $103,961 as risk-on mood grows

Market news of the day, Wednesday: https://finance.yahoo.com/
https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-rise-as-tech-rebounds-supreme-court-questions-trump-tariffs-210033658.html

Scroll down to see earlier in the day reports

No Summary Today, see above link for Yahoo Financial's Summary. But here's some info about Wednesday's ADP report

The ADP private sector payroll jobs report came out today, Wednesday at +42,000 private sector jobs for October, much more than expected. Still a very sad number compared to historic averages, but the media seems to only care about whether a report is better or worse than expected. That's the world we live in.

ADP is NOT a government agency, so knock off the Krasnov, Krasnov!! crap for once. They are a private data payroll processor. (Yes, I know they are an evil corporation).

Also know that they process payrolls for only about 20% of the private sector workforce. As for how they project the other 80% from their data, I don't know -- https://www.democraticunderground.com/10143489467#post4

See https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3506135 for a month-by-month comparison of ADP's private sector payroll numbers with the Bureau of Labor Statistic's equivalent numbers (through July 2025)

Coming up, non-government reports:

UMich Consumer sentiment (prelim) - Friday

THE BELOW HAS NOT BEEN UPDATED, The BELOW ARE STILL THE TUESDAY 11/4 CLOSE NUMBERS


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The S&P 500 closed Tuesday November 4 at 6772, down 1.2% for the day,
and up 17.1% from the 5783 election day closing level,
and up 12.9% from the inauguration eve closing level,
and up 15.1% year-to-date (since the December 31 close)

S&P 500
# Election day close (11/5/24) 5783
# Last close before inauguration day: (1/17/25): 5997
# 2024 year-end close (12/31/24): 5882
# Trump II era low point (going all the way back to election day Nov5): 4983 on April 8

# Several market indexes: https://finance.yahoo.com/
# S&P 500: https://finance.yahoo.com/quote/%5EGSPC/
https://finance.yahoo.com/quote/%5EGSPC/history/

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I'm not a fan of the DOW as it is a cherry-picked collection of just 30 stocks that are price-weighted, which is silly. It's as asinine as judging consumer price inflation by picking 30 blue chip consumer items, and weighting them according to their prices. But since there is an automatically updating embedded graphic, here it is. It takes several, like 6 hours, after the close for it to update, like about 10 PM EDT.
(If it still isn't updated, try right-clicking on it and opening in a new tab. #OR# click on https://finance.yahoo.com/quote/%5EDJI/ ).

The Dow closed Monday at 47,337, and it closed Tuesday at 47,085, a drop of 0.5% (251 points) for the day

I don't maintain statistics for the DOW like percent up or down since election day, or year-to-date, or from the all-time high etc. like I do for the S&P 500.

https://finance.yahoo.com/
DOW: https://finance.yahoo.com/quote/%5EDJI/
. . . . . . https://finance.yahoo.com/quote/%5EDJI/history/

DOW
# Election day close (11/5/24) 42,222
# Last close before inauguration day: (1/17/25): 43,488
# 2024 year-end close (12/31/24): 42,544

DJIA means Dow Jones Industrials Average. It takes about 6 hours after the close to update, so check it after 10 PM EDT. Sometimes it takes a couple days (sigh)



I don't have an embeddable graph for the S&P 500, unfortunately, but to see its graph, click on https://finance.yahoo.com/quote/%5EGSPC/

While I'm at it, I might as well show Oil and the Dollar:

Crude Oil


US Dollar Index (DX-Y.NYB)


If you see a tiny graphics square above and no graph, right click on the square and choose "load image". There should be a total of 3 graphs. And remember that it typically takes about 6 hours after the close before these graphs update.
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