Investing.com - U.S. stocks were lower Thursday after U.S. jobs data disappointed.
The DJI was off 0.53% at 10:45 ET. The S&P 500 shed 0.75%.
The tech-heavy Nasdaq composite was off 1.06%.
ADP nonfarm payroll and initial weekly jobless figures both missed estimates.
However, the ISM reported a surprise rise in its non-manufacturing PMI to 57.4.
The index was forecast to fall to 56.5 from 56.9.
The dollar index continued to trade well below the 96 mark after the data.
The euro firmed on the back of some relatively hawkish minutes of the latest ECB policy meeting.
The minutes of the June Fed policy meeting failed to provide the clarity investors were seeking.
Oil bounced back from sharp overnight losses ahead of the EIA inventories report.
API figures showed a sharp fall in U.S. crude stocks in the latest week.
Tech stocks remained under pressure.
(NASDAQ:Tesla) extended sharp overnight losses after a Goldman Sachs (NYSE:GS) downgrade. It was down 5.17%.