US STOCKS-Wall St lower after data, Dudley comments

lunes 28 de septiembre de 2015 10:15 GYT

* Consumer spending increases more than expected in Aug

* NY Fed's Dudley adds to expectations of rate hike soon

* Alcoa jumps after company says to split up

* Indexes down: Dow 0.9 pct, S&P 1.04 pct, Nasdaq 1.28 pct (Updates to mid-morning)

By Abhiram Nandakumar

Sept 28 (Reuters) - U.S. stocks were lower in early trading on Monday after data showed a better-than-expected increase in consumer spending in August, adding to the case for an interest rate increase this year.

New York Federal Reserve President William Dudley added to the expectations of an early rate increase, suggesting the central bank could pull the trigger as soon as in October.

Federal Reserve Chair Janet Yellen has said she expects rates to be raised this year.

All three major U.S. indexes were down about 1 percent in early trading on Monday, with weakness in healthcare stocks and metal prices also weighing on the market.   Continuación...