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U.S. stocks set to edge back from records ahead of private-sector jobs report

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U.S. stock indexes on Wednesday were indicated slightly lower in the final session of the month and the first half of the year. Investors also braced for a...

U.S. stock indexes on Wednesday were indicated slightly lower in the final session of the month and first half of the year. Investors also braced for a batch of economic reports, including a report on private-sector employment due at 8:15 a.m. Eastern Time.

Early Wednesday, investors are awaiting a monthly report on U.S. private-sector employment that could set the stage for the more closely followed Labor Department report on Friday. Employment has become a major focus for markets as investors try to determine on how improvements in the labor market could influence the Federal Reserve’s policy plans.

 

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