US STOCKS-Wall St ends lower after World Bank cuts forecast

miércoles 11 de junio de 2014 17:07 GYT
 

* Cantor's primary loss seen as reason for caution

* Bank of America shares biggest drag on S&P 500

* World Bank cuts global 2014 outlook

* Dow down 0.6 pct; S&P 500 off 0.4 pct; Nasdaq down 0.1 pct (Updates to close)

By Caroline Valetkevitch

NEW YORK, June 11 (Reuters) - U.S. stocks fell on Wednesday, with the Dow breaking a four-day string of record closing highs, following the World Bank's reduction of its global growth forecast.

The S&P 500's drop of 0.4 percent was its biggest daily percentage loss since May 20. The benchmark index fell for the second day in a row, after four straight record closing highs.

The selloff was broad. Every S&P 500 sector index except energy declined for the day.

Low volume and low volatility have marked recent sessions, leaving indexes to trade in a narrow range.   Continuación...