US STOCKS-Wall St hammered; S&P 500 hits lowest since Oct 2014

viernes 15 de enero de 2016 14:22 GYT
 

* All 30 Dow stocks, 10 S&P sectors in the red

* Energy stocks lead drop as oil falls 6.5 pct

* Intel down on growth worries, hits chip stocks

* Indexes down: Dow 2.74 pct, S&P 2.72 pct, Nasdaq 3.45 pct (Adds details, comments; updates prices)

By Abhiram Nandakumar

Jan 15 (Reuters) - U.S. stock indexes notched deep losses in volatile trading on Friday, with the S&P 500 hitting its lowest since October 2014 and the Dow losing more than 500 points, as oil prices dived below $30 per barrel.

All 10 major S&P sectors were in the red and all 30 Dow components lower. The Russell 2000 small-cap index fell as much as 3.5 percent to its lowest since July 2013.

The beaten-down energy sector's 4.43 percent slide led the declines, as oil prices fell 6.5 percent. The technology sector was down 4.31 percent, as Intel's weak report weighed heavily on chip stocks.

"Investors are scared to death, and the fact that it's happening at the beginning of year has some historical significance," said Phil Orlando, chief equity market strategist at Federated Investors in New York.   Continuación...