US STOCKS-Wall St falls as media stocks slump; jobs data awaited

jueves 6 de agosto de 2015 11:45 GYT

* Disney, Viacom lead media selloff

* Michael Kors jumps after results best expectations

* Tesla, Green Mountain fall after results

* Indexes down: Dow 0.70 pct, S&P 0.86 pct, Nasdaq 1.68 pct (Adds details, changes comment, updates prices)

By Tanya Agrawal

Aug 6 (Reuters) - U.S. stocks fell on Thursday as a spate of poor earnings reports from media companies added to investors' nervousness ahead of a key jobs data that could provide clues regarding the timing of a rate hike.

Walt Disney's shares fell 4.2 percent to $105.90, a day after their largest daily drop in almost seven years. The stock was also the biggest drag on the Dow and the S&P 500.

Disney lowered profit guidance for its cable networks unit on Tuesday, while Viacom Inc reported lower-than-expected quarterly revenue hurt by weakness in its cable TV business.

Viacom fell 22 percent to $39.57, their lowest in almost four years. Twenty-First Century Fox fell 12.3 percent, while Time Warner, Comcast and CBS were all in the red.   Continuación...