US STOCKS-S&P 500 bounces back after nearing August low

martes 29 de septiembre de 2015 16:30 GYT

* Consumer confidence highest since January

* Seven of 10 S&P sectors higher

* Health care index bounces back

* Dow up 0.3 pct, S&P up 0.12 pct, Nasdaq down 0.59 pct (Updates to close, adds fresh comment)

By Noel Randewich

Sept 29 (Reuters) - U.S. stocks ended higher after a volatile session on Tuesday as concerns about the health of the global economy kept investors cautious after more than a month of turbulence.

The S&P 500 recovered after falling earlier to within 0.26 percent of lows it touched in August, when fears of a slowdown in China shocked global markets.

"I would never have expected that we would take out that low and we haven't yet, but we sure are close. A retest is a good thing but it needs to hold," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin.

Seven of the 10 S&P sectors rose, with the healthcare index up 0.9 percent, ending a seven-day losing streak, thanks in part to gains in Johnson & Johnson and Gilead Sciences.   Continuación...