US STOCKS-Major indexes end down, but well off session lows

miércoles 15 de octubre de 2014 17:54 GYT

* S&P 500, Nasdaq briefly turn negative for the year

* Netflix drops in after-hours trading

* Indexes off: Dow 1.1 pct, S&P 0.8 pct, Nasdaq 0.3 pct (Updates with volume, Netflix stock drop)

By Caroline Valetkevitch

NEW YORK, Oct 15 (Reuters) - U.S. stocks fell on Wednesday on continued worries about weak global demand, but managed to close well above session lows that briefly pushed the S&P 500 and Nasdaq into negative territory for the year.

Small-caps and energy shares, which have been among the market's weakest performers, provided some late-day strength, with the Russell 2000 index ending up 1 percent and the S&P energy index up 0.4 percent.

The potential impact of global economic weakness on U.S. earnings has been chief among the market's concerns, while the spread of the Ebola virus also has rattled markets. A second nurse in Texas tested positive for the Ebola virus, a week after Thomas Eric Duncan, the first Ebola patient diagnosed in the United States, died.

The day's losses threatened to wipe out 2014 gains for the S&P 500 and Nasdaq, with the S&P 500 down more than 3 percent at its session low. The Dow industrials fell further into the red for the year, and closed down for the fifth consecutive session.

The pace and depth of the selloff have surprised many investors, who have banked on the market closing out the year with at least modest gains. The S&P 500 is now down 7.4 percent from its Sept. 18 record closing high, and is up just 0.8 percent for the year.   Continuación...