Published April 1, 2015 4:06pm EDT | Updated May 21, 2015 1:30pm EDT

U.S. Stocks Close Lower After Weak Economic Data

U.S. stocks closed lower on Wednesday as weaker-than-expected readings on private-sector employment and manufacturing weighed on sentiment. The S&P 500 closed 8.20 points, or 0.4%, lower at 2,059.69. The Dow Jones Industrial Average shed 77.94 points, or 0.4% to 17,698.18. The Nasdaq Composite ended the session down 20.66 points, or 0.4%, to 4,880.23.