US stocks were little changed on Wednesday as investors looked to data that signaled more cooling in the labor market. The S&P 500 (^GSPC), Dow Jones Industrial Average (^DJI), and Nasdaq Composite (^IXIC) all traded flat by midday trading after moving higher to start the day. The gauges closed Tuesday’s session mixed. Wednesday brought fresh signs of softening in the labor market, as the ADP gauge on private payrolls missed expectations, finding that 103,000 jobs were added in November. That came after Tuesday’s soft reading on jobs openings bolstered optimism for a Fed pivot to cutting interest rates. Markets are pricing in at least 100 basis points of cuts next year. But doubts about policy remain, with strategists warning those bets look “overdone.” Meanwhile, bitcoin (BTC-USD) bri
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