The markets traded mixed during the midday with the Dow rising 28 points to 21,991. Nasdaq fell 30 points to 6,332.
ADP said that private employers added 178,000 jobs in July with midsize companies hiring the most workers. Small businesses added 50,000 jobs while midsize companies added 83,000 and large companies hired 45,000 people. Economists had expected ADP to report a gain of 190,000 jobs.
Liquid glitter iPhone cases made by MixBin have been recalled due to possible skin irritation or chemical burns. More than 263,000 cases for the iPhone 6, 6S and 7 that were sold by Amazon, Victoria's Secret and other retailers are affected by the recall. Irritation can occur if the case breaks and the liquid touches the user's skin.
A shareholder lawsuit filed against Express Scripts was dismissed by a federal judge. Plaintiffs alleged that the pharmacy benefits manager downplayed its extremely contentious relationship with its largest customer, Anthem, in order to boost its stock price. U.S. District Judge Edgardo Ramos said that shareholders failed to demonstrate intent to defraud on the part of Express Scripts
In the broad market, declining issues outpaced advancers by a margin of more than 5 to 3 on the NYSE and by nearly 3 to 1 on Nasdaq. The broader S&P 500 lost 5 points to 2,470. Bitcoin dropped $17 to $2618.
