Article 4947 US stock markets open lower after February jobs report falls short

US stock markets open lower after February jobs report falls short

by
Reuters
from on (#4947)
  • Report misses February expectations but January numbers revised higher
  • Private employers added 212,000 jobs last month

Private employers added 212,000 jobs in February, short of a forecast 220,000, although January's reading was revised upward to 250,000 from the initial 213,000.

US stocks were poised for a lower open on Wednesday, putting the S&P 500 on track for a second straight decline, after the softer-than-expected report on the labor market and ahead of data on the services sector.

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