On Wednesday, Wall Street just might get back to paying attention to U.S. economic reports. That's unless the situation in the Ukraine flares, or less-than-expected numbers are again disregarded as being a result of an exceptionally harsh winter in much of the country.
The ADP employment report for February is due at 8:15 a.m. ET and comes two days ahead of the government's nonfarm payrolls report.
The ADP report "gives a little hint—but not always a good hint—of what the jobs report might look like on Friday," said Jeffrey Kleintop, chief market strategist at LPL Financial.