U.S. stocks fell on Wednesday after the earnings of a major automaker and a private sector jobs report came in lower than expected.

The S&P 500 slipped about 0.5% to finish at 4,402.66.

The ADP private payroll survey showed a gain of 330,000 jobs for July, well short of the consensus estimate of 653,000. The Labor Department’s official jobs report, which typically has more impact with investors, will be released on Friday.

Second-quarter earnings and economic data have been strong overall, but some investors are worried that the rebound from last year’s pandemic will slow from here.

The 10-year Treasury yield was trading flat near 1.18% on Wednesday after briefly dipping below 1.13% earlier in the session. In recent weeks, lower bonds yields lately have tended to set a more bearish tone for equities, by triggering concerns about the pace of the economic comeback, though that relationship appeared to break down on Wednesday.

Futures contracts tied to the major U.S. equity indexes were little changed at the start of the overnight session Wednesday evening as Wall Street looked to improve upon a mixed week.

The Nasdaq Composite ticked up 0.1% to 14,780.53.

On Thursday investors will receive yet another update on the U.S. employment situation with the Labor Department’s latest weekly update to initial jobless claims. Recent earnings and economic data have been strong overall, but some economists worry economic growth and employment gains will taper from here.

During regular trading Wednesday, shares of Robinhood surged 50%, continuing a volatile jump after last week’s soft initial public offering. Semiconductor stocks were another bright spot, with Nvidia and Advanced Micro Devices rising.

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Plan A : Remain sell as long as oil price stays below 69.0. Targets are 67.8 and 66.3.

Plan B : Consider buy if oil prices holds resiliently above 67.8 and rebound. Targets are 68.3 and 69.0.