Daily Market Update 10/4/17

Mortgage rates held steady Wednesday following the release of mixed economic data.  This morning, payrolls firm ADP estimated September private sector job growth of 135,000, below the consensus forecast of 164,000.  Separately, the Institute for Supply Management services index jumped to 59.8, well above expectations.  Readings above 50.0 indicate expansion in the services sector of the economy.  No other key data will be released today.

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