Markets stall after ADP releases dismal jobs report; dollar continues slide with another 0.4% drop

people at a job fair (Credit: Joe Raedle / Staff)

• The S&P 500 and the Dow Jones barely moved on Wednesday. Meanwhile the Nasdaq finished positive, up 0.4% for the session. The major economic news of the day was the release of ADP’s private sector employment report that saw the U.S. economy add only 37,000 jobs in May. 

The May private sector jobs report cast a shadow on Wednesday’s market moves. Or better yet—the lack thereof.