NEW YORK: Wall Street stocks Wednesday opened lower following disappointing US hiring figures for March.
Seven minutes into trade, the Dow Jones Industrial Average was at 17,701.19, down 74.93 points (0.42 percent).
The broad-based S&P 500 shed 7.73 (0.37 percent) at 2,060.16, while the tech-rich Nasdaq Composite Index fell 15.03 (0.31 percent) to 4,885.86.
US businesses increased nonfarm payrolls by 189,000 jobs in March, payrolls firm ADP said Wednesday. March was the first month in more than a year that fewer than 200,000 jobs were added.
The ADP report comes ahead of the US Department of Labor’s key March jobs report on Friday.