GLOBAL MARKETS-Wall Street hit by healthcare slump; U.S. yields rise

martes 20 de octubre de 2015 14:23 GYT

* U.S. shares lower after healthcare, biotech shares slide

* European shares slip on profit-taking

* Treasury yields rise on strong U.S. housing starts data

* Euro rises against dollar on ECB officials' comments (Adds close of European markets)

By Sam Forgione

NEW YORK, Oct 20 (Reuters) - U.S. Treasury yields rose on Tuesday on signs of improvement in the U.S. housing market, while Wall Street was mostly lower after a slump in healthcare and biotech stocks.

The S&P healthcare sector fell 1.6 percent, dragged down by Allergan and Pfizer, while a drop in IBM shares also offset gains in companies that reported strong quarterly results such as Verizon and United Technologies .

European shares ended lower, with traders citing profit-taking in the absence of anything to justify extending the recent gains. Major energy stocks such as BP and Total were among the decliners.

S&P 500 companies are expected to show a 3.9-percent fall in third-quarter profit and revenue is expected to fall 3.8 percent, according to Thomson Reuters data.   Continuación...