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NEW YORK, Feb 4 (Reuters) - U.S. stocks fell at the open on Wednesday, in the wake of a two-day rally for the S&P 500, as oil prices declined and labor market data disappointed.
The Dow Jones industrial average fell 2.31 points, or 0.01 percent, to 17,664.09, the S&P 500 lost 7.36 points, or 0.36 percent, to 2,042.67 and the Nasdaq Composite dropped 24.27 points, or 0.51 percent, to 4,703.47.
A 10 percent decline in Gilead shares weighed on the biotech sector.
Reporting by Rodrigo Campos; Editing by Nick Zieminski