Stock Market Today: Stocks Choppy After Strong Jobs Data

Both the ADP private payrolls report and the January job openings update came in stronger than expected.

stock market chart with red and green bars
(Image credit: Getty Images)

Stocks spent most of the day lower Wednesday, as investors fretted about the Federal Reserve's future rate-hike plans. While a second day of congressional testimony from Federal Reserve Chair Jerome Powell failed to provide any additional fireworks, investors focused on more signs of a strong labor market. However, a late burst of buying power helped two of the three indexes climb into positive territory by the close.  

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.