After a morning in the red, stocks powered their way to wins across the board today. The Nasdaq and S&P 500 hit fresh record highs for a third and fourth consecutive gain, respectively, with the tech-heavy former clocking its best single-session gain since Feb. 22. The Dow pared a triple-digit deficit to secure a modest win of its own.  

Data pointing to a weak labor market was the talk of the Street today, after ADP private payrolls came in lower-than-expected, while ISM services PMI expanded slightly above anticipations.

CRUDE UP OFF THE MAT GAIN AFTER SUPPLIES UPDATE

Following yesterday's losses, crude futures secured a bounce-back win, their first in six sessions, amid gains in commercial oil, gas, and distillate. July-dated West Intermediate (WTI) crude tacked on 82 cents, or 1.1%, to close at $74.07 per barrel. 

Responding to a fall in bond yields, gold futures climbed higher for Wednesday's session. The June-dated commodity added 1.2% to settle at $2,375.70 per ounce.

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