US STOCKS-Wall St set to open lower as weak oil weighs

miércoles 3 de agosto de 2016 08:49 GYT

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By Yashaswini Swamynathan

Aug 3 (Reuters) - Wall Street was set to open slightly lower on Wednesday as weak oil prices overshadowed strong hiring data from the private sector.

The U.S. private sector added 179,000 jobs in July, beating estimates of 170,000, the ADP national employment report showed. The report is seen as a precursor to the more comprehensive jobs data on Friday.

If the labor market is able to build on its recent strength, it could make the case for the Federal Reserve to raise interest rates later this year.

U.S. crude prices clawed back some losses but remained below $40 per barrel amid oversupply fears.   Continuación...