Stocks were higher on Wednesday, recovering from Tuesday's losses. Fed Chair Powell said that interest rate cuts are likely at some point in 2024. He noted that he does not expect the U.S. to fall into a recession. Economic data released today included ADP's National Employment Report, which showed private employment grew by 140,000 in February, up from 107,000 in January but below estimates of 150,000. The Bureau of Labor Statistics reported that there were 8.86 million job openings in January, down from 8.89 million in Decem