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3-D Printing Stocks Crushed as Dow Jones Falls

Sam Mattera
February 5, 2014

The Dow Jones Industrial Average (DJINDICES: ^DJI) was down 20 points as of 11:30 a.m. EST. Intel (NASDAQ: INTC) was down 0.25% in late-morning trading, while shares of 3-D printing stocks 3D Systems (NYSE: DDD), voxeljet (NYSE: VJET), and Stratasys (NASDAQ: SSYS) were notable decliners.

ADP comes in below expectations
Perhaps helping to fuel the Dow Jones' drop,  ADP employment data came in below expectations early on Wednesday. According to the company's payroll numbers, the U.S. added 175,000 private sector jobs last month, a bit short of the 180,000 economists had anticipated.

ADP data isn't considered the definitive method for evaluating the U.S. labor market, but a weaker than expected reading should be taken as a poor sign. Still, investors will have to wait for Friday's official Labor Department nonfarm payroll report to get a more accurate assessment of the job market.