Wall Street falls at open after jobs report
Stocks fell at the open on Wednesday as weak data on the labor market became the latest in string of soft economic reports.
The Dow Jones industrial average <.DJI> was down 43.06 points, or 0.34 percent, at 12,526.73. The Standard & Poor's 500 Index <.SPX> fell 4.02 points, or 0.30 percent, at 1,341.18. The Nasdaq Composite Index <.IXIC> was off 6.41 points, or 0.23 percent, at 2,828.89.
U.S. private employers added a scant 38,000 jobs in May, far below expectations and the lowest level since September 2010, payrolls processor ADP Employer Services said.
(Reporting by Angela Moon)
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick