Wall Street opens lower as private jobs data disappoints

Stocks

The Dow Jones Industrial Average fell 38.6 points, or 0.12 percent, at the open to 31352.96.

Reuters

March 03, 2021 / 08:19 PM IST

Source: Reuters

Source: Reuters

Wall Street’s main indexes opened lower on Wednesday as disappointing private employment data for February dampened enthusiasm over a quick economic rebound fueled by a swift rollout of COVID-19 vaccines.

The Dow Jones Industrial Average fell 38.6 points, or 0.12 percent, at the open to 31352.96.

The S&P 500 fell 6.3 points, or 0.16 percent, at the open to 3863.99?, while the Nasdaq Composite dropped 22.5 points, or 0.17 percent, to 13336.25 at the opening bell.