US STOCKS-Wall St pares losses as data, Fed comments allay rate hike fears

martes 2 de junio de 2015 11:27 GYT
 

* April factory goods unexpectedly fall

* Economic slowdown may be more than temporary-Fed's Brainard

* Airline stocks hit by bomb threat reports, Delta forecast

* Juno jumps on report of AstraZeneca interest

* Indexes down: Dow 0.2 pct, S&P 0.23 pct, Nasdaq 0.21 pct (Adds details, changes comment, updates prices)

By Tanya Agrawal

June 2 (Reuters) - U.S. stocks were lower in late morning trading, paring some of their losses earlier in the session, as weak factory orders data and bearish comments from a Federal Reserve board member allayed fears of a rate hike coming sooner rather than later.

New orders for U.S. factory goods unexpectedly fell in April as demand for transportation equipment and other goods weakened, suggesting that manufacturing remained constrained by a strong dollar and spending cuts in the energy sector.

The data is the latest that shows the economy might not be rebounding strongly enough in the second quarter, after a first-quarter slump, to permit a rate hike earlier rather than later in the year.   Continuación...