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Wall St lower after US growth data

Wednesday, April 30 15:36:14

U.S. stocks opened today after data showed the economy grew at a sharply lower-than-expected pace in the first quarter, but gains in private payrolls kept losses in check.

EBay, which reported results late Tuesday, added to the Nasdaq's decline, falling 5.2 percent to $51.67.

The Dow Jones industrial average was down 15.80 points, or 0.10 percent, at 16,519.57. The Standard and Poor's 500 Index was down 4.39 points, or 0.23 percent, at 1,873.94. The Nasdaq Composite Index was down 18.86 points, or 0.46 percent, at 4,084.69.