US STOCKS-Wall St falls amid Greece worries, China tumble

jueves 28 de mayo de 2015 10:10 GYT
 

* Weekly jobless claims rise unexpectedly

* Avago rises after agreeing to buy Broadcom for $37 bln

* Abercrombie & Fitch rises after positive forecast

* Indexes down: Dow 0.29 pct, S&P 0.2 pct, Nasdaq 0.27 pct (Adds details, updates prices)

By Sweta Singh

May 28 (Reuters) - U.S. stocks fell in early trading on Thursday amid concerns about a Greek default, a tumble in Chinese shares and an unexpected rise in weekly jobless claims.

European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief.

World markets were also under pressure after investors in China said several major brokerages had tightened requirements on margin financing, triggering fears of further steps to reduce leverage in the red-hot market.

Initial claims for state unemployment benefits rose to a seasonally adjusted 282,000 for the week ended May 23, the Labor Department said on Thursday. Economists on average had expected claims falling to 270,000.   Continuación...