US stocks follow global markets lower

AP FILE PHOTO

WASHINGTON — Wall Street stocks opened lower Wednesday following a global rout as weaker-than-expected data on private jobs creation underscored weakness in the US economy.

Five minutes into trade, the Dow Jones Industrial Average was down 43.17 points (0.28 percent) at 15,134.37.

The broad-based S&P 500 lost 4.54 (0.28 percent) at 1,626.84, while the tech-rich Nasdaq Composite fell 8.49 (0.25 percent) to 3,436.77.

Providing a possible picture for the official May job creation and unemployment numbers to be released Friday, payroll firm ADP reported Wednesday that the US private sector added 135,000 jobs in May, less than the 157,000 jobs analysts had expected.