US stocks declined for a second day on Wednesday, weighed down by tepid data on private sector US jobs and a retreat in biotech shares.
Weaker-than-expected results from Priceline added to the bearish tone.
The Nasdaq Biotech Index .NBI dropped 2.9 percent, its seventh session of losses out of the last eight.
The ADP private sector employment report showed hiring in April fell to its lowest in three years.
The report acts as a precursor to the more comprehensive government nonfarm payrolls data due on Friday.
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The Nasdaq Biotech Index .NBI dropped 2.9 percent, its seventh session of losses out of the last eight.
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