US STOCKS-Wall St drops on rate concerns, Greece

martes 26 de mayo de 2015 16:37 GYT

* Strong economic data pushes dollar up

* All 10 S&P sectors lower

* Indexes down: Dow 1.04 pct, S&P 1.03 pct, Nasdaq 1.11 pct (Updates to close)

By Caroline Valetkevitch

May 26 (Reuters) - U.S. stocks fell on Tuesday, pushing the S&P 500 to its biggest decline in three weeks, weighed down by concerns about Greece and some upbeat data that fueled expectations that a U.S. rate hike could come sooner rather than later.

All 10 major S&P 500 sectors were lower, with a drop in oil prices weighing on energy shares and transportation stocks. The S&P energy index was down 1.6 percent, while the Dow Jones transportation average fell 1.6 percent and touched its lowest level since Oct. 23.

The dollar was up 1.3 percent against a basket of major currencies as commodity prices fell.

"You're seeing a lack of leadership, and you're seeing weakness in the transports continue ... and it's really the rails that have gotten hit the hardest mainly because of oil transport," said Robert Pavlik, chief market strategist at Boston Private Wealth in New York.

Reports on Tuesday showed U.S. business investment spending plans increased solidly in April, consumer confidence perked up this month and house prices extended gains in March.   Continuación...