US STOCKS-Wall St flat as energy offsets weak data, earnings

jueves 23 de abril de 2015 11:37 GYT

* Jobless claims rise for third straight week

* Pepsi, P&G, 3M blame strong dollar for missing estimates

* GM down after revenue falls short of forecast

* Dow, S&P 500, Nasdaq all down less than 0.1 pct (Updates to late morning and changes comment)

By Tanya Agrawal

April 23 (Reuters) - Wall Street stocks were little changed in late morning trading on Thursday as soft U.S., European and Chinese data, alongside disappointing earnings forecasts, were offset by gains in energy stocks as oil futures rose.

A slight but unexpected rise in U.S. applications for unemployment insurance also pressured indexes lower, while growth in the U.S. manufacturing sector dipped more than expected in April.

Business activity slowed more than expected in the euro zone this month while manufacturing in Asia's top two economies hit the brakes, suggesting the global recovery path is less clear than policymakers are predicting.

Initial claims for state unemployment benefits increased 1,000 to a seasonally adjusted 295,000 for the week ended April 18, above the forecast of 290,000.   Continuación...