US STOCKS-Wall St falls as data adds to growth worries; biotechs down
* ADP report shows 156,000 jobs added in April vs estimated 196,000
* Priceline falls after forecast misses expectations
* Indexes down: Dow 0.6 pct, S&P 0.6 pct, Nasdaq 0.8 pct (Updates close with after the bell details)
By Caroline Valetkevitch
NEW YORK, May 4 (Reuters) - U.S. stocks declined for a second day on Wednesday, weighed down by tepid data on private sector U.S. jobs and a retreat in biotech shares.
Weaker-than-expected results from Priceline added to the bearish tone.
The Nasdaq Biotech Index dropped 2.9 percent, its seventh session of losses out of the last eight.
The ADP private sector employment report showed hiring in April fell to its lowest in three years. The report acts as a precursor to the more comprehensive government nonfarm payrolls data due on Friday.
A strengthening labor market is expected to influence the pace of future rate hikes, although traders are pricing in only one hike later this year. Continuación...