Wall Street falls for second straight session

U.S. stocks closed in the red territories for the second straight session on Wednesday, as investors remained cautious ahead of the ECB meeting and Friday’s jobs report.

Private-sector employers added 212,000 jobs last month, the slowest pace since August, coming below analysts’ projections.

Another report showed that U.S. services sector services sector signaled a widening expansion to 57.1 in February from 54.2 in January.  

The reports failed to provide clues about the health of the world’s biggest economy.

American employers probably added 240.000 jobs last month, the non-farm payrolls figures due on Friday may show.

The NASDAQ composite index was down 0.26% at 4,967.14 points, resuming its fall from Monday’s record high, when the technology index surpassed the 5,000-point barrier for the first time in 15 years.

Standard & Poor's 500 dropped 0.44% to close at 2,098.53, while the Dow Jones industrial average index subtracted 0.58% to 18,096.90.