US STOCKS-Wall St closes down for January; Shake Shack rallies in debut

viernes 30 de enero de 2015 17:51 GYT
 

(Updates with market closes, commentary)

* GDP headline disappoints, consumer spending up

* Shake Shack rises in market debut, Amazon rises

* Oil rises 8 percent, pushing up S&P energy sector

* Indexes decline: Dow 1.45 pct, S&P 1.3 pct, Nasdaq 1.03 pct

By Sinead Carew

NEW YORK, Jan 30 (Reuters) - U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United States.

U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006.

This came after Greece's finance minister said the government would not cooperate with the European Union and International Monetary Fund mission.   Continuación...