12:02 PM EST, 01/08/2025 (MT Newswires) -- All three major US stock indexes were little changed around midday Wednesday as traders assessed new jobs data while awaiting the release of the minutes from the Federal Open Market Committee's latest meeting at 2 pm ET.

US initial jobless claims fell to 201,000 in the week ended Jan. 4 from a 211,000 level in the previous week, compared with expectations for an increase to 215,000 in a survey of analysts compiled by Bloomberg. The level of initial claims was the lowest since the week ended Feb. 17, 2024.

ADP's monthly measure of private payrolls showed a 122,000 increase in December, less than expectations for an increase of 139,000 compiled by Bloomberg and well below a 146,000 increase in November.

In corporate news, Meta Platforms ( META ) said it will roll out a test in the US, France and Germany for buyers to browse eBay ( EBAY ) listings on Facebook Marketplace and then complete the transactions on eBay ( EBAY ). Shares of eBay ( EBAY ) jumped 11% and Meta fell 0.9%.

Quantum computing stocks fell in recent Wednesday trading after Nvidia ( NVDA ) Chief Executive Jensen Huang said that "very useful quantum computers" are likely 20 years away. Rigetti Computing ( RGTI ) shares slipped 47%, Quantum Computing ( QUBT ) dropped 48%, IonQ ( IONQ ) slid 44%, and D-Wave Quantum ( QBTS ) lost 45%.

Albertsons ( ACI ) reported that its fiscal Q3 adjusted net income fell to $0.71 per diluted share from $0.79 a year earlier while net sales and other revenue climbed to $18.77 billion from $18.56 billion a year ago. The company's shares were up 0.6%.

GSK (GSK) is in advanced discussions to acquire closely held US biotech company IDRx for up to $1 billion, the Financial Times reported Wednesday, citing people close to the talks. GSK shares were down 0.8%.

Price: 612.54, Change: -5.35, Percent Change: -0.87