A survey from payroll company ADP that was made public Wednesday shows U.S. private employers added 166,000 jobs last month, a sign of only modest improvement in hiring. The figures are taking on greater importance because they may be the only measure of the September job market for some time. The Labor Department may have to delay its September jobs report, scheduled for Friday, because of the government shutdown.
Monsanto reported worse-than-expected losses for its fiscal fourth quarter on Wednesday, due to lower sales of its genetically engineered seeds. The St. Louis company recorded a loss of $249 million, or 47 cents per share, for the quarter ended Aug. 31. That was wider than its loss of $264 million, or 42 cents per share, in the 2012 fourth quarter.