Rick Winters, vice president at Adviser Investments, has the market analysis for Wednesday, June 5. Despite trading volatility, major U.S. stock indexes rose for the third consecutive day: The Dow Jones Industrial Average and S&P 500 each gained 0.8% and the NASDAQ Composite advanced 0.6%. Meanwhile, ADP reported that May’s private-sector payroll additions fell to just 27,000 month-over-month. This marks a dramatic reduction from the 185,000 that analysts forecast—and the fewest monthly additions seen since March 2010. In other news, Walmart’s stock gained nearly 2% after CEO Doug McMillon said at the company’s annual meeting that the $7.25 federal minimum wage rate remains too low. Walmart’s minimum hourly pay is currently $11—versus the federal rate of $7.25 and retail competitors Amazon and Costco, each of which offer closer to $15 an hour.