US STOCKS-Global growth concerns drag Wall St lower, selloff continues

jueves 16 de octubre de 2014 09:53 GYT
 

* Netflix tumbles after quarterly results

* Goldman Sachs falls after earnings

* Initial jobless claims fall to lowest in 14 years

* Indexes off: Dow 0.8 pct, S&P 0.93 pct, Nasdaq 1.08 pct (Updates to open)

By Chuck Mikolajczak

NEW YORK, Oct 16 (Reuters) - U.S. stocks tumbled on Thursday, after the S&P 500 closed at its lowest in six months, on continued concerns about weak global demand and its potential impact on the U.S. economy and businesses.

The drop also came on worries over the spread of Ebola and how that would affect the travel industry. The S&P 500 and Nasdaq briefly fell into negative territory for the year on Wednesday as the S&P tumbled more than 3 percent to a session low before rallying late in the session.

The benchmark S&P index has dropped in six of the past eight sessions and is down 8.2 percent from a record closing high Sept. 18. Selling was broad once again, with each of the 10 major S&P sectors in negative territory.

Recent earnings reports have done little to stem the tide of the equity rout.   Continuación...