Stock market today: Dow, S&P 500, Nasdaq steady after sell-off as ADP jobs report returns to growth

Market Overview - US stocks showed recovery from premarket losses, with the S&P 500 and Nasdaq Composite remaining roughly flat, while the Dow Jones Industrial Average rose by 0.1% [1] - The ADP private payrolls report indicated an increase of 42,000 jobs in October, surpassing expectations and reversing a decline of 29,000 jobs in September, which is significant for the Federal Reserve's considerations [2] Technology Sector - Concerns about stretched valuations in the tech sector persist, particularly following a sell-off that resulted in a $500 billion loss in chip stocks, raising fears of a potential stock bubble [3] - AMD's earnings report, although beating estimates, did not meet expectations, leading to a decline in its stock price [3] - Qualcomm's upcoming results are anticipated for further insights into the AI trade, alongside reports from McDonald's, Robinhood, and Toyota [4] Economic Impact - The US government shutdown has reached its longest duration at 36 days, with economic losses estimated at $15 billion per week, causing increasing concerns about its impact on various sectors [5] - The Supreme Court is hearing arguments regarding President Trump's authority to impose tariffs, which could have significant implications for the global economy [6]