US STOCKS-Wall St tumbles after disappointing jobs data
* Sept nonfarm payrolls up by 142,000 vs 203,000 expected
* Unemployment rate unchanged at 5.1 pct
* Banks fall as chance of rate hike this year recedes
* Indexes down: Dow 1.56 pct, S&P 1.54 pct, Nasdaq 1.52 pct (Updates to open)
By Tanya Agrawal
Oct 2 (Reuters) - Wall Street opened sharply lower on Friday after data showed a less-than-expected rise in nonfarm payrolls in September, raising doubts that the economy is strong enough to allow the Federal Reserve to raise interest rates this year.
The three major indexes were down more than 1.5 percent.
U.S. employers added 142,000 jobs, compared with 136,000 in August and below the 203,000 that economists polled by Reuters had expected. August figures were also revised sharply lower.
The jobless rate held steady at 5.1 percent but average hourly wages fell by a cent to $25.09 during the month, and were up only 2.2 percent from the same month in 2014. Continuación...