CORRECTED-US STOCKS-Wall St little changed in choppy trading; financials weigh

viernes 9 de octubre de 2015 15:06 GYT
 

(Corrects Reuters Instrument Code for the financial index in paragraph 9)

* Minutes show Fed in no rush to raise rates

* Financial stock hit by fading rate hike prospects

* American, United Airline forecast lift airline stocks

* Dow up 0.04 pct, S&P down 0.09 pct, Nasdaq up 0.22 pct

By Abhiram Nandakumar

Oct 9 (Reuters) - Wall Street was little changed in choppy trading on Friday as investor optimism due to fading chances of an interest rate hike this year was offset by a fall in energy and financial stocks.

Minutes from the Federal Reserve's September meeting showed policymakers were worried about a global economic slowdown weighing on the economy, which investors took to mean that rates would stay at near-zero levels this year.

"The fact that we had a correction in August gives the market some room to move," said Randy Frederick, managing director of trading and derivatives for Charles Schwab in Austin, Texas.   Continuación...