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U.S. stocks saw modest gains on Wednesday as weak private-sector hiring data limited momentum. The Dow Jones, S&P 500, and Nasdaq all edged higher, while Nvidia surged to become the most valuable public company. Investors await Friday’s nonfarm payrolls report for clearer economic signals.
- May’s private-sector hiring plummeted to just 37,000 jobs, the lowest in over two years (ADP).
- Nvidia surged nearly 3%, overtaking Microsoft as the most valuable public company.
- Trump urged faster Fed rate cuts, criticizing Powell amid weak jobs data.
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