US STOCKS-Wall St fails to hold on to mini Draghi-led rally

jueves 21 de enero de 2016 11:05 GYT

* Draghi says ECB could reconsider policy in March

* Stocks rise slightly at open, before turning course

* Verizon gains on better-than-expected profit

* Indexes down: Dow 0.21 pct, S&P 0.34 pct, Nasdaq 0.58 pct (Updates to open)

By Abhiram Nandakumar

Jan 21 (Reuters) - U.S. stock indexes dropped on Thursday morning, failing to hold on to a small rally at the open sparked by ECB President Mario Draghi's comments raising hopes of further easing monetary.

The European Central Bank kept its main rates on hold and Draghi said the central bank would "review and possibly reconsider" its monetary policy stance in March. Many analysts had not expected a rate cut before June.

Oil prices also sharply pared their losses after Draghi's comments, with Brent even edging higher, before turning back towards 12-year lows.

The comments come a day after a rout in global stocks, spurred by the relentless drop in oil prices and fears of a China-led slowdown in global growth.   Continuación...