US STOCKS-Wall St opens little changed

miércoles 3 de agosto de 2016 10:18 GYT
 

* 179,000 private sector jobs added in July vs est. 170,000

* Kate Spade drops on weak profit, forecast cut

* Time Warner rises on profit beat, Hulu stake

* Indexes down: Dow 0.04 pct, S&P 0.02 pct, Nasdaq 0.07 pct (Updates to open)

By Yashaswini Swamynathan

Aug 3 (Reuters) - Wall Street was little changed on Wednesday as declines in healthcare and consumer stocks were offset by gains in energy and financials.

Biogen was the biggest drag on the S&P 500 and the Nasdaq after falling 4.4 percent to $315.60.

Data showed the U.S. private sector added 179,000 jobs in July, beating estimates of 170,000. The ADP national employment 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.   Continuación...