US STOCKS-Wall St edges down after Fed's Bullard rate comments

jueves 26 de junio de 2014 14:47 GYT
 

* Fed's Bullard: Much closer to normal economy than most realize

* U.S.-listed shares of Barclays fall on fraud lawsuit

* GoPro shares trade above $31 in IPO

* Indexes down: Dow 0.2 pct; S&P 0.2 pct; Nasdaq 0.2 pct (Updates to afternoon, changes byline)

By Caroline Valetkevitch

NEW YORK, June 26 (Reuters) - U.S. stocks dipped on Thursday as a top Federal Reserve official said interest rate increases should come sooner rather than later.

Financial stocks were among the day's top decliners after New York State's attorney general filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients.

U.S.-listed shares of Barclays fell 6.3 percent to $14.72. Other European banks were also hit, with U.S.-listed shares of UBS AG down 2.5 percent at $18.45 and Credit Suisse off 3.4 percent at $28.32.

Exchanges are expected to see a massive spike in volume towards the close Friday, when Russell Investments announces the final reconstitution of its indexes.   Continuación...