US STOCKS-Wall St slips with eye on Fed rate hike in Dec

jueves 29 de octubre de 2015 15:04 GYT
 

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* Indexes down: Dow 0.2 pct, S&P 0.11 pct, Nasdaq 0.36 pct (Updates to late afternoon)

By Lewis Krauskopf

Oct 29 (Reuters) - U.S. stocks cooled on Thursday as the market digested the potential for an interest rate hike in December, some disappointing tech earnings reports and a possible massive pharmaceutical merger.

The Federal Reserve, which kept rates unchanged at its policy meeting that ended Wednesday, downplayed concerns about global growth and indicated confidence in the U.S. job market's recovery.

Stocks had jumped on Wednesday following the Fed statement and, after a strong run from the end of September, were due for a "reprieve," said Jason Ware, chief investment officer at Albion Financial, in Salt Lake City.

"I would just say that we had a big move and this is a bit of a cooling pause the next day," Ware said.   Continuación...