US STOCKS-Wall St down but pares losses after Brussels blasts

martes 22 de marzo de 2016 16:42 GYT

* Explosions in Brussels kill at least 30 people

* Travel-related stocks hit hardest

* Dow down 0.23 pct, S&P down 0.09 pct, Nasdaq up 0.27 pct (Updates to close)

By Laila Kearney

March 22 (Reuters) - Wall Street closed slightly lower on Tuesday, inching back from an initial selloff that followed deadly attacks in Brussels, as declines in consumer and telecom stocks offset a jump in healthcare shares.

Islamic State claimed responsibility for the bombings at Brussels airport and a rush-hour metro train that killed at least 30 people and triggered security alerts across Europe.

Global risk markets faltered before limping up, while traditional safe havens gold and government bonds firmed as the events in the de facto capital of the European Union unfolded.

The tepid stock market recovery followed earlier patterns of a selloff in reaction to violent events, such as the November attacks in Paris, then a quick recovery.

"When you have an incident like this, you suddenly have a surge in uncertainty because people don't know what the scale of it is," said David Kelly, chief global strategist at JP Morgan Funds in New York. "As uncertainty goes down, stocks go up."   Continuación...