US STOCKS-Wall St slips in afternoon trading; off day's lows

lunes 29 de septiembre de 2014 15:18 GYT
 

* Indexes down: Dow 0.4 pct, S&P 0.4 pct, Nasdaq 0.3 pct

By Caroline Valetkevitch

NEW YORK, Sept 29 (Reuters) - U.S. stocks were down slightly in late afternoon trading on Monday as Hong Kong protests added to worries about growth in China.

Energy shares were leading the day's decline even as oil prices rebounded from recent losses, with the S&P energy index down 0.7 percent.

All but one of the 10 S&P 500 sectors - utilities - were lower.

Housing shares were also lower after contracts to purchase previously-owned U.S. homes fell more than expected in August. An index of housing shares was down 0.6 percent.

"It's rallying a little bit from the lows of the day," said Giri Cherukuri, head trader at OakBrook Investments LLC in Lisle, Illinois.

"In the back of people's minds are the geopolitical risks that are weighing down the market ... while the U.S. economy and earnings are offsetting," some of that concern, he said.

The Dow Jones industrial average was falling 61.01 points, or 0.36 percent, to 17,052.14, the S&P 500 was losing 7.19 points, or 0.36 percent, to 1,975.66 and the Nasdaq Composite was dropping 12.07 points, or 0.27 percent, to 4,500.13.   Continuación...