Mumbai, Jan. 8 -- The Nasdaq rose 37.10 points (0.2%) to 23,584.27 but the S&P 500 fell 23.89 points (0.3%) to 6,920.93 and the Dow slid 466.00 points (0.9%) to 48,996.08.

Wall Street saw choppy trading as investors paused to gauge the recent market strength that propelled the Dow and S&P 500 to new record highs on Tuesday. Traders assessed mixed U.S. economic data, with ADP reporting a smaller-than-expected 41,000 gain in private sector jobs for December and the Labor Department noting a steeper decline in November job openings.

Attention now turns to Friday's December employment report, with forecasts calling for a 60,000 job increase and a slight dip in the unemployment rate to 4.5%. Meanwhile, the ISM Services PMI surprised to the u...