US STOCKS-Wall St falls 1 pct as dollar strength raises profit fears

martes 10 de marzo de 2015 14:24 GYT

* Dollar continues uptrend, euro near 12-year low

* Urban Outfitters up after results

* Energy stocks down as oil prices retreat

* Indexes down: Dow 1.53 pct, S&P 500 1.36 pct, Nasdaq 1.31 pct (Updates to mid-afternoon)

By Caroline Valetkevitch

NEW YORK, March 10 (Reuters) - U.S. stocks fell more than 1 percent on Tuesday afternoon as strength in the dollar increased worries about the earnings outlook for multinational companies.

The S&P 500 and Dow turned negative for the year and the S&P 500 was off more than 3 percent from its March 2 record closing high. The Nasdaq has fallen more than 2 percent from its 15-year peak, also reached on March 2.

All 10 of the S&P 500 sectors were lower, except for utilities, up 0.2 percent. Financial, energy, industrial and consumer discretionary sectors, all down more than 1 percent, were among the biggest drags. Shares of ConocoPhillips fell 1.7 percent to $60.92.

Concerns over Greece's debt talks added to the day's weakness, which took the S&P 500 below its 50-day moving average, a sign of weak near-term momentum.   Continuación...