--- title: "U.S. stock market midday update: GLXG rises 12.77% with increased trading volume, intensified capital speculation without positive support" type: "News" locale: "en" url: "https://longbridge.com/en/news/289955650.md" description: "Galaxy Payroll rose 12.77%; Automatic Data Processing fell 1.20%, with a transaction volume of USD 237 million; Paycor fell 1.53%, with a transaction volume of USD 155 million; Paycom Software fell 3.97%, with a transaction volume of USD 5.182 million; BOSS Zhipin fell 6.73%, with a market value of USD 6.376 billion" datetime: "2026-06-16T18:27:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289955650.md) - [en](https://longbridge.com/en/news/289955650.md) - [zh-HK](https://longbridge.com/zh-HK/news/289955650.md) --- # U.S. stock market midday update: GLXG rises 12.77% with increased trading volume, intensified capital speculation without positive support **U.S. Stock Market Midday Update** Galaxy Payroll, up 12.77%, with increased trading volume and no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** Automatic Data Processing down 1.20%. Based on recent news, 1. On June 16, the weekly change in ADP employment numbers for the week ending May 30 in the U.S. was 25,500, down from the previous value of 29,000, indicating a slowdown in the job market, which affected investor confidence and led to a decline in stock prices. 2. On June 15, Automatic Data Processing's financial condition is more robust compared to its peers, with a lower debt-to-equity ratio, indicating less reliance on debt financing and good financial health. However, the market remains cautious about its future growth, leading to stock price fluctuations. 3. On June 14, although Automatic Data Processing currently has a hold rating among analysts, top analysts believe that five other stocks offer better investment value, which weakened market confidence in the company and led to a decline in stock prices. Weak employment data has dampened market confidence. Paycor down 1.53%. Based on recent news, 1. On June 15, Citigroup upgraded Paycor's rating from neutral to buy, expecting the company's organic revenue growth to accelerate, reversing a four-year trend. Analysts anticipate that Paycor's booking growth and synergies from the acquisition will drive stock prices up. 2. On June 15, analysts pointed out that Paycor's 4.73% dividend yield helps limit downside risk and supports a favorable risk-reward ratio. The new target price of $140 and valuation below historical averages further boosted investor confidence. 3. On June 16, several major analysts raised Paycor's rating and target price, leading to optimistic market sentiment and pushing stock prices up. The U.S. stock market closed higher last week, with the Dow Jones Industrial Average rising over 350 points. Paycom down 3.97%. Paycom down 3.97%. No significant news recently; trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. no\_news **Stocks with High Market Capitalization in the Industry** BOSS Zhipin down 6.73%. Based on recent key news: 1. On June 15, BOSS Zhipin spent $4.5908 million to repurchase 656,500 shares at a repurchase price of $6.915-7.11 per share. This move aims to enhance shareholder value but failed to prevent the stock price from declining. 2. On June 12, the company canceled approximately 24.3346 million repurchased shares, spending about $4 million to repurchase 575,300 shares. The large cancellation of shares did not boost market confidence, and the stock price continued to decline. 3. On June 15, the company granted a total of 550,500 stock awards to 45 employees, representing the same number of Class A common shares. Although this move aims to incentivize employees, the market reaction was tepid, leading to a decline in stock prices Market volatility is significant, and attention should be paid to macroeconomic dynamics ### Related Stocks - [GLXG.US](https://longbridge.com/en/quote/GLXG.US.md) - [ADP.US](https://longbridge.com/en/quote/ADP.US.md) - [PAYX.US](https://longbridge.com/en/quote/PAYX.US.md) - [PAYC.US](https://longbridge.com/en/quote/PAYC.US.md) - [BZ.US](https://longbridge.com/en/quote/BZ.US.md) ## Related News & Research - [Clarivate forecasts 2026 adjusted diluted EPS at $0.70-$0.80](https://longbridge.com/en/news/294190504.md) - [Insider Move at Regional Bank Sparks Investor Attention](https://longbridge.com/en/news/294290556.md) - [XRP price prediction: Analyst says XRP could hit $15](https://longbridge.com/en/news/293829231.md) - [BLKB: Q2 2026 delivered 3% organic revenue growth and robust margins, with strong FY26 guidance](https://longbridge.com/en/news/294197853.md) - [Ecosystems aren't designed: Base paid its dues over three years.](https://longbridge.com/en/news/293765034.md)