US stock market opens lower

US stock market opens lower

European stock markets down, oil prices recover

NEW YORK (AA) – The European stock market has continued to make losses Wednesday, which adversely affected the markets at opening across the Atlantic and in Wall Street.

The Dow Jones fell 15 points to begin the day at 18,298. The S&P 500 was down 3 points to 2,154, while the Nasdaq lost 8 points to 5,130 at the start of the day.

At the U.S. stock market opening, Germany's DAX index was down 0.04 percent, while the U.K.'s FTSE posted a 0.23 percent decrease, and France's CAC 40 saw a 0.55 percent decline.

The American private sector added 179,000 new jobs in July, beating expectations of 170,000, according to the ADP National Employment Report.

However, the positive data in the U.S. economy and the slight recovery in oil prices did not help Wall Street at its opening on Wednesday.

Oil prices recovered slightly, close to a gain of 1 percent.

At the first bell, American benchmark West Texas Intermediate traded at $39.69 a barrel with a 0.8 percent gain, and international benchmark Brent crude was up to $41.90 -- a 0.7 percent increase.

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