US Stock Market Developments

[Aron]

I=7
S&P 500 +0.6%, Nasdaq +1.2% as ADP beats expectations and Iran’s reported outreach on ending conflict

Stocks rose after ADP jobs report beat expectations and on reports that Iran indirectly reached out to the U.S. to discuss the terms for ending the war.

ADP Employment

I=5 ADP report shows private sector added 63,000 jobs in February, above 48,000 etimate and downwardly revised 11,000 for January January numbers were revised downwards to 11,000 from 22,000. [image] ADP National Employment Report: Private Sector Employment Increased by 63,000 Jobs in February; Annual Pay was Up 4.5% - Mar 4, 2026.

Israel-Iran Conflict

I=5 Iran denies earlier New York Times report that it had reached out to USA for a ceasefire The New York Times had reported on Sunday that Iranian operatives indirectly contacted the Central Intelligence Agency to discuss the terms for ending the war. https://www.bloomberg.com/news/articles/2026-03-04/iran-denies-it-reached-out-to-the-us-about-peace-talks