US STOCKS-Wall St drops with tech shares; indexes up for month
* Apple and Celgene weigh
* Jobless claims lowest since 2000
* Indexes post slight gains for April
* Indexes down: Dow 1.1 pct, S&P 1 pct, Nasdaq 1.6 pct (Updates to close)
By Caroline Valetkevitch
April 30 (Reuters) - U.S. stocks sold off on Thursday, led by a drop in the Nasdaq, as Apple shares declined and results in tech and biotech names disappointed.
Upbeat economic reports added to uncertainty about the outlook for interest rates, a day after data showed the U.S. economy slowed to a crawl in the first quarter and the Federal Reserve pointed to weakness in the labor market and other areas of the U.S. economy.
Despite the day's decline, all three major indexes posted slight gains for April.
The Nasdaq biotech index dropped 3.1 percent, led by a 4.5 percent fall in Celgene, which reported lower-than-expected quarterly revenue. Continuación...