Friday, June 7, 2013

Wall Street opens lower after ADP data

NEW YORK (Reuters) - Stocks opened lower after data showing job growth remained sluggish did little to ease concerns the Federal Reserve may slow the pace of its economic stimulus program.

The Dow Jones industrial average <.dji> dropped 55.41 points, or 0.37 percent, to 15,122.13. The Standard & Poor's 500 Index <.spx> lost 6.44 points, or 0.39 percent, to 1,624.94. The Nasdaq Composite Index <.ixic> fell 14.33 points, or 0.42 percent, to 3,430.93.

(Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)

Source: http://news.yahoo.com/stock-futures-dip-worries-fed-may-slow-stimulus-114634107.html

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