US STOCKS-Wall St lower in wake of air strikes on Yemen

jueves 26 de marzo de 2015 09:42 GYT

* Oil jumps after air strikes on Yemen

* SanDisk tumbles in premarket after outlook cut

* Weekly jobless claims less than expected

* Flash Markit services sector PMI on tap

* Indexes off: Dow 0.64 pct, S&P 0.54 pct, Nasdaq 1.01 pct (Updates to market open)

By Chuck Mikolajczak

NEW YORK, March 26 (Reuters) - U.S. stocks fell at the open on Thursday to put the S&P 500 on track for a fourth straight decline, after Saudi Arabia and its allies launched air strikes on Yemen.

Oil prices spiked, with Brent crude up 2.4 percent to $57.86 and U.S. crude up 3 percent to $50.69 after warplanes from Saudi Arabia and its allies struck Shi'ite Muslim rebels fighting to oust Yemen's president. Halliburton shares gained 1.5 percent to $44.12.

"Obviously the situation in Yemen is being used as the excuse for this pullback, which is a continuation of yesterday," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.   Continuación...