U.S. stocks mostly fell Wednesday on concerns that the pandemic recovery might be faltering as cases related to the Delta variant of the coronavirus surge and new economic data showed that the private sector added fewer jobs than economists expected in July.

The S&P 500 ticked down 20.49 points, or 0.5%, to close at 4402.66 a day after the broad-market index rallied to a record close. The Nasdaq hovered around the flat line most of the day and added 19.239 points, or 0.1%, to 14780.53, while the Dow Jones Industrial Average retreated 323.73 points, or 0.9%, to close at 34792.67.

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