Stock market news: Traders digest jobs data that shows hiring slowed

US stocks were mixed on Wednesday as traders fret over the direction of the overall economy following new indicators that job growth is slowing.

Stocks in Tuesday's session snapped a four-day winning streak as job openings declined and top commentatorsInvestors on Wednesday were assessing ADP private payroll data, which showed that US companies added fewer jobs than forecasted last month. The figure came in at 1450,000, below expectations for 210,000 jobs added in the month.

The figures could indicate that the Federal Reserve's year-long campaign to raise interest rates may finally be weighing on the labor market.

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