U.S. stocks continue to decline on Wednesday, with the Dow Jones Industrial Average and the S&P 500 Index both now below 100-day moving averages. The U.S. market is on track to have the worst start to a quarter since 2008, with data released today showing slower job creation adding to the growing concern around the weakening manufacturing sector.

Here's how the U.S. Stock Market settled Wednesday:

The Dow Jones Industrial Average (DIA): -1.86% or 494.42 points

Nasdaq Composite Index (QQQ): -1.56% or 123.44 points

S&P 500 Index (SPY): -1.79% or 52.64 ponts

On Wednesday, ADP/Moody's monthly employment report showed private payrolls in the U.S. rose by 135,000 in September, which is the slowest gain since June. The report also reflected a weakness in manufacturing sector employment; construction jobs rose by 9,000 and manufacturing payrolls increased by 2,000, whereas natural resources and mining jobs lost 3,000. The Department of Labor will post its official report on U.S. payroll gains in September on Friday.

In stock and sector news, automotive manufacturers stocks fell Wednesday after quarterly sales reports from Ford (F  ), General Motors (GM  ) and Fiat Chrysler (FCAU  ) showed mixed signals for the future of profit margins in the industry. All sectors continue to lower, showing a bad sign for economic growth coming from employment. It seems that the first aftershocks of the earthquake that was the September 1 tariffs between China and the U.S had disrupted growth in September by manufacturing companies lowering their spending.

As the market enters October, many investors are fearing an economic recession or at the very least a global slowdown. There is no telling what will happen, but investors are becoming increasingly wary of the future of the market and the risk of financial crisis. Tomorrow's update will summarize the continuing change in the U.S. domestic stock market and the global markets as more economic data for September is released.