US STOCKS-Wall St little changed as energy stocks gain

miércoles 2 de marzo de 2016 12:36 GYT
 

* Crude prices recoup losses

* Feb ADP jobs data beats estimates

* Indexes up: Dow 0.03 pct, S&P 0.07 pct, Nasdaq 0.03 pct (Adds details, changes comment, updates prices)

By Abhiram Nandakumar

March 2 (Reuters) - Wall Street was little changed on Wednesday as gains in energy stocks were offset by declines in utilities and materials.

Crude prices recovered from earlier losses and were up more than 1 percent.

A report by payrolls processor ADP on Wednesday showed the U.S. private sector added more jobs than expected in February, suggesting solid job growth despite market turmoil and worries about a slowing global economy.

The report serves as a precursor to the more comprehensive monthly jobs report by the U.S. Labor Department on Friday.

"We're in a holding pattern until Friday, when we get the payrolls number," said Jeff Kravetz, regional investment director at U.S. Bank Wealth Management in Phoenix, Arizona.   Continuación...