Equities struggled on Wednesday as data showed US businesses unexpectedly shed jobs last month.

The US private sector lost 32,000 jobs in November, according to payroll firm ADP, compared to a small gain expected by analysts.

The jobs numbers reinforced concerns over the health of the US economy, which has struggled with dislocations and price rises caused by tariffs introduced by President Donald Trump's administration.

"There's no way to portray that as good news, unless, of course, you're a stock trader who is focused more on the likelihood for Fed cuts than you are about what it says about the economy," said Steve Sosnick of Interactive Brokers.

After opening lower, all three of Wall Street's main indices had pushed into positive territory by mid-morning, with the jobs figures unde

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