US STOCKS-Wall St ends down in choppy session, but off lows

jueves 26 de marzo de 2015 16:46 GYT

* SanDisk tumbles after outlook cut, hits chipmakers

* Accenture, Red Hat rally after earnings

* Indexes off: Dow 0.23 pct, S&P 0.24 pct, Nasdaq 0.27 pct (Updates prices, changes comment, byline)

By Rodrigo Campos

NEW YORK, March 26 (Reuters) - U.S. stocks fell for a fourth straight session on Thursday but indexes ended well off session lows with support from economic data and earnings, including Accenture's.

Semiconductor stocks were again under pressure, this time after SanDisk cut its revenue outlook. Its shares tumbled 18.4 percent to $66.20 and an index of chipmaker shares fell 1.4 percent. The index fell as much as 3.5 percent earlier.

The S&P 500 is still less than 3 percent below its record high hit three weeks ago. The index rallied last week as concern ebbed about an overheating dollar.

Consulting company Accenture's quarterly net revenue rose 5 percent, helped by growth in its outsourcing business as North American companies look to cut costs. Its shares rose 6.8 percent to $94.17.

Red Hat rallied 10.1 percent to $75.36 after it forecast a profit for the first quarter that matched analysts' estimates despite warning about a strong dollar hurting its revenue.   Continuación...