Companies added fewer workers than projected in February according to this morning’s ADP report. Emerging-market stocks rose for a second day while Europe and U.S. equities were little changed. Stocks rebounded yesterday after Putin said there was no immediate need to invade eastern Ukraine.
Sales at most types of retailers, from electronics stores to restaurants, climbed in September, indicating households were sustaining the U.S. economic expansion before the government shutdown shook confidence.
Ford Motor Co. and Chrysler Group LLC, leading a continued recovery for the U.S. auto market, said their deliveries climbed in June as the industry selling pace may accelerate to the fastest pace in 66 months.