US STOCKS-Wall St falls with energy shares, utilities

jueves 7 de julio de 2016 14:59 GYT

* June ADP employment number rises to 172,000 vs est 159,000

* Oil price drops; Exxon, Chevron fall

* Dow down 0.6 pct, S&P down 0.5 pct, Nasdaq down 0.04 pct (Updates to late afternoon)

By Marcus E. Howard

July 7 (Reuters) - Wall Street stocks dipped on Thursday as a drop in oil prices dragged down energy shares, while utilities reversed recent gains.

Oil prices fell more than $2 a barrel, wiping out early gains after the U.S. government reported a weekly crude draw that was within analysts' forecasts, while market optimists expected larger declines.

Exxon Mobil and Chevron were down 1.7 percent and 2.1 percent, respectively.

The S&P energy index was down 1.5 percent, while the utilities index was down the most at 1.9 percent after mostly gaining since Britain's vote to leave the European Union. The telecom services index was down 1.8 percent.

Helping to limit declines, labor data increased optimism ahead of the monthly payrolls report, due on Friday.   Continuación...