US STOCKS-Wall St lower on weak data, slump in oil prices

lunes 3 de agosto de 2015 10:15 GYT

* June consumer spending records smallest gain in four months

* Oil prices hit six-month low

* Tyson Foods falls after profit forecast cut

* S&P down 0.12 pct, Nasdaq up 0.18 pct, Dow down 0.32 pct (Updates to open)

By Tanya Agrawal

Aug 3 (Reuters) - Wall Street was lower on the first trading day in August as oil prices touched a six-month low and data showed U.S. economy lost some momentum at the end of the second quarter.

Oil prices hit six-month lows earlier in the day, knocked by fresh evidence of growing oversupply and data highlighting slowing demand in China, leaving crude prices on course for their weakest third-quarter performance since the financial crisis in 2008.

Energy stocks were the biggest losers among the main S&P sectors, with Exxon Mobil and Chevron leading the losers. The companies also reported poor results on Friday.

In U.S. data, consumer spending recorded its smallest gain in four months, while the pace of growth in the U.S. manufacturing sector slowed in July.   Continuación...