US STOCKS-Wall St ends down on interest rate, Greece jitters

viernes 6 de febrero de 2015 17:58 GYT
 

* Twitter, LinkedIn climb after results

* All three major indexes post gains for week

* Payrolls report tops expectations

* Indexes: Dow down 0.3 pct, S&P down 0.3 pct, Nasdaq down 0.4 pct (Updates to close)

By Caroline Valetkevitch

NEW YORK, Feb 6 (Reuters) - Wall Street stocks fell on Friday as a better-than-expected U.S. jobs report raised expectations that the Federal Reserve will increase interest rates by midyear, while renewed worries over Greece's debt negotiations added to the bearish tone.

The S&P 500 index of utilities, often used as a bond proxy by investors in a low-rate environment, fell 4.1 percent, its biggest daily drop since August 2011, as U.S. government debt yields jumped.

In another sign of concern about interest rates, Simon Properties, a real estate investment trust, sank 4 percent at $195.08.

But the financial sector, which tends to benefit from rising interest rates, rose 0.7 percent.   Continuación...