Wall St Lower After Jobs Data


U.S. stocks opened lower on Friday after data showed employers added more jobs than expected in March, a sign of economic resilience that could encourage the Federal Reserve to raise interest rates this year.

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The Labor Department's report on non-farm payrolls showed employers added 215,000 jobs in March, more than the 205,000 estimated.

The Dow Jones industrial average was down 60.33 points, or 0.34 percent, at 17,624.76, the S&P 500 7.45 points, or 0.36 percent, at 2,052.29 and the Nasdaq Composite index 27.61 points, or 0.57 percent, at 4,842.23. (Reporting by Yashaswini Swamynathan; Editing by Saumyadeb Chakrabarty)

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