Private Payrolls Show Weakness While TSLA Rallies On Sluggish Vehicle Deliveries Schwab Network podcast

Private payrolls in the latest ADP employment report ticked to the downside, which Alex Coffey suggests can send a stronger signal to the FOMC to cut interest rates. One strange green shoot seen at the opening bell: Tesla (TSLA), which rallied despite its underwhelming vehicle deliveries for the second quarter. Alex later turns to Big Tech as a whole and talks about its role in driving market strength.

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Private Payrolls Show Weakness While TSLA Rallies on Sluggish Vehicle Deliveries

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