US STOCKS-Wall St ends flat as energy shares drop with oil

jueves 13 de agosto de 2015 17:07 GYT

* U.S. retail sales rebound in July

* Cisco up after strong results, boosts S&P, Nasdaq

* Dow up 0.03 pct, S&P down 0.13 pct, Nasdaq down 0.21 pct (Updates close with latest volume, Nordstrom shares up after the bell, Shake Shack sinks in regular session)

By Caroline Valetkevitch

Aug 13 (Reuters) - U.S. stocks finished flat on Thursday as a drop in energy shares offset a rebound in retail sales and stronger-than-expected Cisco results.

The S&P energy index dropped 1.4 percent, leading the decline in the S&P 500, as U.S. crude oil prices slid to a 6-1/2-year low.

The S&P consumer discretionary index rose 0.6 percent, the most among the major 10 S&P sectors, but it had been higher earlier.

U.S. retail sales rose in July, while the trend of weekly jobless claims pointed to a tightening job market. The data supported the view the Federal Reserve could raise interest rates as early as next month, offsetting speculation in the previous two sessions that the Fed could wait until December to raise rates after China devalued its currency.

Jitters over China remained. Sources had told Reuters this week that some powerful voices in the government were pushing for an even deeper yuan devaluation to help China's struggling exporters.   Continuación...