US STOCKS-Wall St flat as tech rebound offsets energy, financials

martes 9 de febrero de 2016 12:33 GYT
 

* Oil prices reverse course to trade lower

* Viacom, Fox drop as revenue misses estimates

* Facebook, Alphabet up after 2-day drop

* Indexes up: Dow 0.04 pct, S&P 0.13 pct, Nasdaq up 0.22 pct (Adds details, updates prices)

By Abhiram Nandakumar

Feb 9 (Reuters) - Wall Street bounced between gains and losses in choppy trading on Tuesday, as a decline in energy and financial sectors offset gains in materials and technology stocks.

Four of the 10 major S&P sectors were lower, with energy down 1.7 percent and financials off 0.43 percent.

The financial sector has taken the biggest beating this year, falling 15 percent, as recession fears compounded concern about their exposure to the energy sector and expectations that global interest rates are unlikely to rise quickly.

"We're starting to feel some of the knock on effects from energy and distress in those markets," said Steven Baffico, chief executive officer at Four Wood Capital Partners in New York.   Continuación...