(MENAFN- ProactiveInvestors)Wall Street shares were rangebound midsession on Wednesday supported by forecast-beating private payrolls data but anchored by listless oil prices. The Dow Jones INdustrual Average was flat at 16858 as was the S&P500 index at 1978. The tech-heavy Nasdaq Composite was down 0.2% at 4682 and slightly underperforming the others. Helping drag the Nasdaq lower was Amazon (NASDAQ:AMZN) down 0.4% at $576.75. The online retailer said it is recalling some Kindle Fire power adapters over fears they could pose an electric shock risk. Devices sold after September 2015 may have chargers that are at risk of breaking and exposing users to electric shocks. Oil prices although higher were not notching up the kinds of gains seen earlier in the week. The US benchmark West Texas Intermediate was up 0.6% at $34.60. US jobs data from ADP often viewed as an early indicator of the wider US non-farm payrolls due on Friday recorded 214000 job creation in February well above estimates of 185000. Open Stocks opened cautiously after yesterday's sparkling gains with the declining oil price weighing on sentiment. The S&P 500 kicked off down half a point at 1978 while the Dow Jones average gave up 14 points at 16851. the tech-heavy Nasdaq Composite however edged up a point to 4691. Payrolls processing firm ADP released its payrolls data for February which is often regarded as a pointer towards the official non-farm payrolls release on Friday revealing that the private sector added 214000 jobs in February which was up on January's revised gain of 193000 and ahead of predictions of a 185000 increase. On the Nasdaq Industrial Services of America (NASDAQ:IDSA) was an early front-runner rising 14.2% to 1.941 after the scrap metal trader inked a new revolving credit line of $6mln. On the NYSE Canada's CCL systems sent shares in Checkpoint Systems (NYSE:CKP) soaring 28% to $10.10 after it made an agreed bid for the anti-theft tag maker worth $10.15 a share. Controversial seeds distributor Monsanto (NYSE:MON) wilted after it cut its earnings forecast for 2016. The shares fell 5.4% as the agribusiness lowered earnings per share guidance to a range spanning from $4.40 to $5.10 from its previous range of $5.10 to $5.60. Stocks are set to give back a small proportion of yesterday's handsome gains ahead of the release of the jobs data from payrolls processing firm ADP. The Dow Jones average is expected to shed 20 points after closing up 349 points at 16865 on Monday. The broader-based S&P 500 index which closed at 1978 is on course to open a point lower. The ADP jobs figure is expected to indicate payrolls swelled by 185000 in February after rising 205000 the previous month. Investors will be digesting the results from the 'Super Tuesday' presidential primaries which largely cemented the positions of the front-runners. Before trading starts updates are expected from booze firm Brown-Forman (NYSE:BFA) and preppie clothier Abercrombie & Fitch (NYSE:ANF). Shares in railroad services company CSX (NYSE:CSX) were rising in pre-market trading on reports Canadian Pacific (NYSE:CP TSE:CP) the railroads company is mulling a bid.
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