US STOCKS-S&P 500, Nasdaq end higher with energy; Dow down 6th session

jueves 16 de octubre de 2014 16:44 GYT

* Netflix tumbles after quarterly results

* Initial jobless claims lowest in 14 years

* Indexes: Dow down 0.2 pct, S&P up 0.01 pct, Nasdaq up 0.1 pct (Updates to close)

By Caroline Valetkevitch

NEW YORK, Oct 16 (Reuters) - The S&P 500 and Nasdaq eked out slight gains after another choppy session on Thursday as economic data eased fears about the potential effect of a weakening global economy on the United States.

The Dow closed down for sixth straight session, matching a six-day losing streak in August of last year and leaving the index down 2.8 percent for the year so far.

Providing some support to the market, St. Louis Federal Reserve Bank President James Bullard told Bloomberg Television the U.S. central bank may want to keep up its bond buying stimulus for now given a drop in inflation expectations.

Economic data showed initial jobless claims fell to their lowest level in 14 years, and industrial output rose sharply in September.

But investors remained wary of further declines given the day's choppiness and fast pace of the recent selloff, which has been driven by concerns about a widening Ebola scare, the potential impact on U.S. earnings from weak global demand and plunging oil prices. The S&P 500 is still off 7.4 percent from its Sept. 18 record closing high and is up just 0.8 percent for the year so far.   Continuación...