US: Wall St opens lower after weak April jobs report

[NEW YORK] Wall Street opened lower on Friday after April payrolls data showed the US economy added the fewest jobs in seven months, raising concerns about the strength of the labor market.

The Dow Jones industrial average fell 61.49 points, or 0.35 per cent, to 17,599.22, the S&P 500 7.38 points, or 0.36 per cent, to 2,043.25 and the Nasdaq Composite 23.14 points, or 0.49 per cent, to 4,693.96.

REUTERS