NEW YORK (AP) — U.S. stocks are drifting on Wednesday following the latest discouraging signal on the job market.

The S&P 500 fell 0.3% in early trading, though it remains near its record set last week. The Dow Jones Industrial Average was down 51 points, or 0.1%, as of 9:35 a.m. Eastern time, a day after setting its own all-time high . The Nasdaq composite was 0.4% lower.

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