By Johann M Cherian and Sukriti Gupta
(Reuters) – U.S. stocks dipped on Wednesday, as uncertainty prevailed on Wall Street after the release of two sets of jobs data and a report that said President-elect Donald Trump was mulling a national economic emergency declaration.
At 9:52 a.m. the fell 117.37 points, or 0.28%, to 42,410.99, the lost 6.27 points, or 0.11%, to 5,902.76 and the lost 9.11 points, or 0.05%, to 19,480.57.
The Russell 200 index tracking domestically focused small-cap companies dropped 1.5%.
Markets assessed an ADP National Employment Report that showed private payrolls growth slowed sharply in December, although a separate Labor Department report said jobless claims for the previous week fell.
“It seems as if one report is contradicting the other. The reduction in jobless claims implies that more people are getting work, whereas the ADP number shows that fewer people got work than expected,” said Sam Stovall,…
