GoDaddy CEO Blake Irving holds a foam hat on the floor of the New York Stock Exchange as he waits for his company's IPO to begin trading, Wednesday, April 1, 2015. (AP Photo/Richard Drew)
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U.S. stocks fell for a second day and the dollar dipped after a weaker-than-expected report on private sector employment spurred investor concerns that a highly anticipated monthly U.S. jobs report Friday could also point to slowing economic growth. However, oil futures rallied as talks over Iran's nuclear program continued, curbing expectations of an immediate deal that would allow Iranian crude on to the market. The ADP National Employment Report showed that U.S. private employers added 189,000 jobs last month, well below economists' expectations for 225,000 jobs. The Iran nuclear talks pushed Brent crude up 2.9 percent to $56.71 a barrel while U.S. crude was up 3.4 percent at $49.19 .
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