Stock market today: Dow rises, S&P 500 and Nasdaq under pressure as key ADP jobs data shows weakness

The Dow led diverging US stocks on Wednesday as doubts over AI demand put pressure on tech, and a surprise fall in private-sector employment revealed cracks in the job market. The Dow Jones Industrial Average (^DJI) rose 0.4% while the S&P 500 (^GSPC) added 0.1%. The tech-heavy Nasdaq Composite (^IXIC) slid 0.4%, after the major gauges finished Tuesday with gains across the board. Microsoft (MSFT) helped spur a decline in tech stocks, with its shares down over 2% after The Information reported that the ...