US STOCKS-Wall St falls more than 1 pct on global growth fears

lunes 9 de noviembre de 2015 12:47 GYT
 

* China Oct. trade surplus at record high

* OECD cuts 2015 global growth forecast

* All 10 S&P sectors lower, led by consumer stocks

* Priceline drops after weak profit forecast

* Indexes down: Dow 1.04 pct, S&P 1.07 pct, Nasdaq 1.02 pct (Adds details, comments, updates prices)

By Abhiram Nandakumar

Nov 9 (Reuters) - U.S. stock indexes fell 1 percent in late morning trading on Monday, their biggest fall in six weeks, as weak Chinese trade data and a cut in the OECD's global growth forecast sparked fears about a global economic slowdown.

The selloff was broad based, with all the 10 major S&P sectors in the red, led by a decline in consumer discretionary and energy stocks. Only two of the 30 components of the Dow Jones industrial average were higher.

Data from China, one of the one of the U.S.'s biggest trade partners, showed a fall in exports and imports in October left it with a record high trade surplus. The Organisation for Economic Co-operation and Development cut its 2015 global growth forecast again.   Continuación...