US STOCKS-Wall St down as Yellen says Dec "live" for rate hike

miércoles 4 de noviembre de 2015 14:07 GYT

* Oct private sector jobs growth better than forecast

* Time Warner falls after weak forecast; drags media stocks

* Energy stocks ends 5-day run of gains

* Tesla rises after co reassures on production pace

* Indexes down: Dow 0.16 pct, S&P 0.24 pct, Nasdaq 0.08 pct (Updates to early afternoon)

By Abhiram Nandakumar

Nov 4 (Reuters) - Wall Street was lower on Wednesday, following two straight days of gains, after Federal Reserve Chair Janet Yellen said a rate hike in December was a "live" possibility, but not a certainty.

"What the committee has been expecting is that the economy will continue to grow at a pace that is sufficient to generate further improvements in the labor market and to return inflation to our 2 percent target over the medium term," Yellen said.

"If the incoming information supports that expectation, then our statement indicates that December would be a live possibility," she told Congress.   Continuación...