US: Wall St opens lower as US employment gains drop

[NEW YORK] US stocks opened lower after data showed US employment gains slowed more than expected in January after a boost to hiring from unseasonably warm weather faded.

The Dow Jones industrial average fell 3.9 points, or 0.02 per cent, to 16,412.68, the S&P 500 lost 3.89 points, or 0.2 per cent, to 1,911.56 and the Nasdaq Composite index dropped 18.34 points, or 0.41 per cent, to 4,491.22.

REUTERS