Stock Market Today: Stocks End Mixed After Powell Speech

Intel and Walt Disney were two of the worst Dow Jones stocks Wednesday.

closeup of stock chart on PC screen with green and red bars
(Image credit: Getty Images)

Stocks opened lower Wednesday but shot into positive territory mid-morning as investors took in an onslaught of economic reports. The main indexes were just as choppy in afternoon trading following a lunchtime speech from Federal Reserve Chair Jerome Powell. 

Ahead of the open, ADP said private employers added 184,000 jobs in March. This was the biggest increase since July and blew past economists' forecasts for 148,000 new jobs. The data also showed that annual pay increases for job-stayers was 5.1% and 10.0% for job-changers.

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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.