US STOCKS-Within sight of a record, Wall St runs into a wall

viernes 10 de junio de 2016 16:47 GYT
 

* Worries about "Brexit" weigh on sentiment

* Volatility index jumps 16 pct

* Intel inches higher on report of Apple contract win

* Indexes down: Dow 0.7 pct, S&P 500 0.9 pct, Nasdaq 1.3 pct (Updates to close)

By Caroline Valetkevitch

June 10 (Reuters) - U.S. stocks dropped for a second straight day on Friday following another drop in oil prices and renewed worries about the global economy.

Ahead of Britain's June 23 referendum on whether to stay in the European Union, a poll showed those in favor of Britain exiting the EU, or "Brexit," were well ahead of those who favor remaining. The British pound fell against the dollar.

"The global economy is weak and it can't handle any major shocks. If Brexit occurs, that's a major shock," said Adam Sarhan, chief executive of Sarhan Capital in New York.

The S&P 500 pulled further away from a record high after coming within about 12 points on Wednesday. The benchmark, which also ended lower for the week, is now 1.6 percent shy of its 2,130.82 record close, reached in May 2015.   Continuación...