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NEW YORK (CNNMoney)
The S&P 500 is more or less flat after closing at a new all-time record yesterday. The Dow and the Nasdaq are also trading near break-even after closing higher for the third straight session yesterday.
Investors kept a close eye on this morning's ADP employment report, which showed a gain of 191,000 private sector jobs last month. That's slightly below expectations, but it was still the strongest job growth in three months.
Factory orders for February also came in better than expected at 1.6% growth for the month.
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Pharmaceutical firm Mannkind (MNKD) was the hottest stock of the morning. Its shares are sharply higher after the company said its inhaled diabetes drug Afrezza was given the approval nod by a Food and Drug Administration advisory committee. The FDA is expected to make is final decision on Afrezza next week.
GM (GM, Fortune 500) remains in focus again today as CEO Mary Barra returns to Capitol Hill to answer legislators' questions regarding the automaker's botched ignition switch recall. Despite all the negative publicity, GM reported sales Tuesday that topped analysts' expectations.
The auto recall woes have now extended to Chrysler. The company reported today that it is recalling nearly 900,000 SUVs to install a shield that protects brake boosters from corrosion. Chrysler was supposed to IPO last year, but it was delayed.
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Blackberry (BBRY) shares are higher following news that T-Mobile (TMUS) will no longer sell BlackBerry phones after April 25th. BlackBerry owners who use T-Mobile will still be able to use their phones and get product support even after the deadline, but the contract between the two companies won't be renewed according to BlackBerry.
Related: T-Mobile no longer selling BlackBerry
Shares of Stratasys (SSYS) are higher after the 3-D printer maker announced the acquisition Tuesday of Solid Concept and Harvest Technologies, two 3-D printing services companies. Along with its 3-D printer rivals, Stratasys stock has tanked this year, though it's still up more than 50% over the last 12 months.
The Rubicon Project (RUBI) began trading today. It was up 33% in early trading. The online advertising service provider priced its initial public offering last night at $15 a share, on the lower end of expectations.
Shares of Monsanto (MON, Fortune 500)are lower this morning despite the company's reports of better than expected second quarter earnings. Monsanto also affirmed its expectation of $5.00 to $5.20 a share this year.
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European markets managed narrow gains in midday trading, while Asian markets ended higher.
Japan's Nikkei advanced 1% after the Bank of Japan released survey data showing Japanese companies expect inflation to hit 1.5% next year, which could be interpreted as a positive sign in the central bank's fight against falling prices.
China markets also ended the day in positive territory. The Shanghai Composite added 0.6% and Hong Kong's Hang Seng increased 0.3%. 
First Published: April 2, 2014: 10:01 AM ET
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