Wall St. opens lower after ADP; services data on tap

NEW YORK - U.S. stocks were lower on Wednesday, with the Dow and S&P retreating further from recent records, after a softer-than-expected report on the labor market and ahead of data on the services sector.

Recent Business News

Target to cut thousands of jobs as seeks to cut costs by $2 billion

(The corrected version of the story fixes reference to Canada loss to $5.4 billion from $5.4 million in paragraph nine)

9:00am EST

Business activity lifted in February as central banks loosen up

LONDON - Global business activity picked up last month just as many central banks around the world loosen monetary policy further to try and drive up stubbornly low inflation and revive moribund economies.

6:27am EST

Premature to talk about third Greek bailout: EU's Juncker

BRUSSELS - It is too early to discuss a third bailout package for Greece, European Commission President Jean-Claude Juncker said on Wednesday, stressing the focus of talks with Athens was implementing measures already agreed with the euro zone.

9:36am EST

Oil slips towards $60, Saudi Arabia sees steady market

LONDON - Brent crude oil slipped towards $60 a barrel on Wednesday as a stronger dollar pressured commodity prices, while Saudi Arabia's oil minister said he expected the market to balance itself and for prices to recover.

9:34am EST

From prime rib to chips and dip: Lean times at mining's annual conference

TORONTO - When the world's miners head for Toronto each year to attend their industry's annual conference, they arrive with certain expectations. They're accustomed to finding oyster bars, rowdy parties, open bars with high-end liquor and elegant hotel suites. | Video

7:24am EST


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