US STOCKS-Nasdaq falls 1 pct as Micron, Intel weigh

viernes 26 de junio de 2015 13:34 GYT

* Dow up 0.06 pct, boosted by Nike

* S&P down 0.33 pct; 5 of 10 S&P 500 sectors down

* Micron Technology down 19 pct (Updates to afternoon)

By Sweta Singh

June 26 (Reuters) - The Nasdaq Composite fell 1 percent in afternoon trading on Friday after weak forecast from Micron Technology dragged down chipmakers including Intel.

The Dow Jones Industrial Average, however, was lifted by Nike's raised sales forecast and better-than-expected U.S. consumer sentiment data.

Investors are also keeping a close watch on the progress of Greece's negotiations with its creditors. Greece rejected a five-month extension of bailout on Friday.

Euro zone finance ministers will meet on Saturday to decide Greece's fate.

"For most part we are trading off any news that comes out of Greece. I am looking for an agreement that falls somewhere in between full compliance and default," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago.   Continuación...