US STOCKS-Wall St dips on Ukraine concerns; data curbs decline

jueves 28 de agosto de 2014 14:06 GYT

* Russian troop movements in Ukraine spurs concern

* U.S. GDP revised higher in Q2, jobless claims fall

* Banks in focus after reports of cyber attacks

* Indexes down: Dow 0.17 pct, S&P 0.09, Nasdaq 0.17 pct (Updates to afternoon trading, changes byline)

By Chuck Mikolajczak

NEW YORK, Aug 28 (Reuters) - U.S. stocks fell moderately on Thursday after the latest flare of tensions between Ukraine and Russian forces, snapping investors' focus back on the volatile region, though losses were tempered by the latest batch of U.S. economic data.

Worries over tension abroad had largely faded from Wall Street, with major indexes seeing few negative days over the past two weeks and both the Dow and S&P hitting records.

Ukraine's security and defense council said the border town of Novoazovsk and other parts of Ukraine's south-east had fallen under the control of Russian forces who, together with rebels, were staging a counter-offensive. NATO said well over 1,000 Russian troops were operating inside Ukraine.

While few U.S. companies have heavy exposure to either country, investors are worried about the potential fallout from any escalation in hostility, including increased sanctions.   Continuación...