US STOCKS-Wall St flat as fall in energy offset by health stocks

lunes 21 de marzo de 2016 11:35 GYT
 

* Starwood up after Marriott's higher offer

* IHS up after deal to buy Markit

* Valeant soars on search for new CEO, Ackman to join board

* Indexes up: Dow 0.15 pct, S&P 0.05 pct, Nasdaq 0.19 pct (Adds details, changes comment, updates prices)

By Abhiram Nandakumar

March 21 (Reuters) - Wall Street was little changed on Monday as losses in energy and materials stocks were offset by gains in healthcare and telecom shares.

Crude prices edged up despite uncertainty about a plan to freeze production and signs of U.S. producers increasing drilling activity.

A report showed U.S. existing home sales fell 7.1 percent in February, widely missing the 2.2 percent drop expected, in a troubling sign for an economy which has otherwise looked resilient to the global economic slowdown.

"Our market is really resting on the back of the dovish statement from the Fed and waiting to see where we are headed with the economic data," said Lisa Kopp, head of traditional investments at U.S. Bank Wealth Management in Minneapolis.   Continuación...