US STOCKS-Wall St dips as energy, consumer stocks weigh

lunes 17 de octubre de 2016 15:07 GYT

* Energy shares weaker as oil dips

* Netflix slips ahead of quarterly report

* Fed's Fischer says "not that simple" to raise rates

* Indexes down: Dow 0.31 pct, S&P 0.29 pct, Nasdaq 0.26 pct (Updates to late afternoon trading, changes byline)

By Chuck Mikolajczak

NEW YORK, Oct 17 (Reuters) - Wall Street was modestly lower on Monday as energy stocks slipped along with oil prices, while Amazon and Netflix weighed on consumer discretionary stocks.

Federal Reserve Vice Chairman Stanley Fischer warned that economic stability could be threatened by low interest rates and noted the central bank is "very close" to its employment and inflation targets, but said it was "not that simple" for the Fed to raise rates.

The comments from Fischer, a dove who has supported a rate hike, come even as other Fed officials have recently said the current state of affairs may be about as good as it gets.

The central bank's lack of clarity on the timing of a rate hike is seen aggravating the uncertainty in the markets that has been sparked by changing dynamics in a tumultuous U.S. presidential election and nervousness regarding third-quarter earnings.   Continuación...