US STOCKS-Wall St dips, all eyes on British referendum

miércoles 22 de junio de 2016 16:39 GYT

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By Rodrigo Campos

June 22 (Reuters) - U.S. stocks dipped in low trading volume on Wednesday, with traders focusing on Thursday's referendum on whether Britain will remain part of the European Union.

Stocks rose early after data showed U.S. home resales rose in May to a more than nine-year high, adding to retail sales and international trade data that painted an upbeat picture of the economy in the second quarter.

But the S&P 500 once more hit a ceiling at the 2,100 level, which has been an area where sellers cluster.

Attention remained on Britain's Thursday vote. A poll published on Wednesday showed a statistical tie, with the 'Leave' camp with 45 percent, just one point ahead of 'Remain,' and 9 percent undecided. Oddsmakers, however, showed a clear advantage for the 'Remain' camp.

"I go with the betting odds, that's the better indicator," said Paul Zemsky, chief investment officer, Multi-Asset Strategies and Solutions at Voya Investment Management in New York.   Continuación...