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Wall Street slips at open on economy fears

NEW YORK (Reuters) - Stocks opened lower on Thursday as data pointing to an improvement in the labor market did little to alleviate investor pessimism about a faltering global economy.

The Dow Jones industrial average <.DJI> fell 73.60 points, or 0.58 percent, to 12,530.93. The S&P 500 Index <.SPX> dropped 9.96 points, or 0.74 percent, to 1,331.49. The Nasdaq Composite <.IXIC> lost 25.69 points, or 0.89 percent, to 2,862.29.

(Reporting by Chuck Mikolajczak; Editing by Chizu Nomiyama)

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