US STOCKS-Wall Street dips, but S&P still near record high

Wed Apr 3, 2013 10:11am EDT
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* ADP employment report comes in below expectations

* Zynga rallies, to offer casino games in Britain

* ConAgra falls after results, Monsanto rises

* Indexes down: Dow 0.2 pct, S&P 0.3 pct, Nasdaq 0.2 pct

By Ryan Vlastelica

NEW YORK, April 3 (Reuters) - U.S. stocks fell on Wednesday following a pair of weak data points, though the S&P 500 remained within striking distance of an all-time intraday high.

Investors expect market movements to be slight ahead of the release Friday of the closely watched nonfarm payrolls report, with few major trading catalysts before then. The S&P has gained about 0.1 percent so far this week.

The latest ADP National Employment Report showed 158,000 private sector jobs were added in March, far less than economists had expected, though the February report was revised upward by 39,000.

The Institute for Supply Management's March services sector index came in at 54.4, below expectations for a reading of 55.8 and below last month's 56.0.   Continued...