U.S. stocks fell on Wednesday after a disappointing revenue outlook from tech bellwether Intel Corp (INTC.O) and signs of more job market deterioration sparked fresh fears about the extent of the recession.
* The S&P index of technology shares .GSPT fell 3.3 percent, outpacing the decline in the broader index.
* According to ADP, a private employment service, U.S. private employers shed 693,000 jobs in December, up sharply from the revised 476,000 lost in November and far more than economists estimated.
* The Dow Jones industrial average .DJI slipped 181.20 points, or 2.01 percent, at 8,833.90. The Standard & Poor's 500 Index .SPX shed 19.52 points, or 2.09 percent, at 915.18. The Nasdaq Composite Index .IXIC fell 41.58 points, or 2.52 percent, at 1,610.80.