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Stocks open slightly lower a day after sell-off

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NEW YORK (AP) — Stocks are edging lower in early trading after a

sell-off Tuesday sent the S&P 500 to its lowest level of the

year.

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Before the market opened, payroll processor ADP said private

companies added 114,000 jobs last month. The number was within Wall

Street’s forecasts. Concerns about the economy have sent stocks

lower recently.

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MasterCard and CBS are each up more than 2 percent after their

quarterly results beat analyst estimates.

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Shortly after the market opened Wednesday, the Dow Jones industrial

average is down 30 points, or 0.3 percent, to 11,836. The S&P

is down 3 at 1,251. The Nasdaq composite is down 3, or 0.1 percent,

to 2,666.

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