US STOCKS-Wall St falls as earnings weigh; Dow, S&P up for month

viernes 29 de abril de 2016 16:36 GYT

* Apple posts largest weekly decline in three years

* Amazon jumps after results beat estimates

* Gilead falls; weighs the most on the S&P, Nasdaq

* Indexes down: Dow 0.32 pct, S&P 0.51 pct, Nasdaq 0.62 pct (Updates prices, changes comment, byline, rewrites throughout)

By Rodrigo Campos

NEW YORK, April 29 (Reuters) - U.S. stocks posted their largest weekly drop in more than two months on Friday as earnings reports continued to weigh, but the S&P 500 and Dow managed to close up for April after strong showings mid-month.

Company results once more gave the market direction as a 9 percent decline in Gilead Sciences shares weighed the most on both the S&P and the Nasdaq Composite.

Apple shares were down for the tenth session in the last 11 and closed the week down 11.3 percent, the largest such decline since January 2013. Its April fall was of 14 percent.

Apple and Gilead, alongside Corning, Goodyear and Xerox are among the companies that reported earnings this week and are closing them with double-digit declines in their stock.   Continuación...