The Chicago Entrepreneur

: U.S. stocks open lower after ADP jobs report

U.S. stocks opened lower after a report showing growth in private-sector jobs in March was weaker than expected. Dow Jones Industrial Average DJIA was about flat soon after the opening bell, while the S&P 500 SPX fell 0.1% and the Nasdaq Composite COMP slipped 0.4%, according to FactSet data, at last check. U.S. private payrolls climbed 145,000 in March, according to ADP’s national employment report released Wednesday. That’s below the gain of 210,000 private-sector jobs that economists polled by The Wall Street Journal had forecast.

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