US STOCKS-Wall St ends lower with oil prices, renewed Greece worries

miércoles 4 de febrero de 2015 18:06 GYT
 

* Crude down sharply after 4-day rally

* ADP employment falls short of expectations

* Merck down after earnings, Disney climbs

* Indexes: Dow up 0.04 pct, S&P down 0.4 pct, Nasdaq down 0.2 pct (Updates to close)

By Caroline Valetkevitch

NEW YORK, Feb 4 (Reuters) - The S&P 500 and Nasdaq ended lower on Wednesday, snapping a two-day rally as energy shares slid with oil prices and as investors' anxiety about the euro zone returned in the closing minutes of trading.

The benchmark index added to losses late in the session after the European Central Bank abruptly cancelled its acceptance of Greek bonds in return for funding. The move means the Greek central bank will have to provide its banks with tens of billions of euros of additional emergency liquidity in coming weeks.

"It's kind of reconfirming what we've thought for a while, which is that there is going to be a liquidity crunch if they don't resolve this Greek situation," said Larry Peruzzi, senior equity trader at Cabrera Capital Markets Inc in Boston.

"They make a little bit of progress and then they kind of fall back."   Continuación...