US STOCKS-Wall St weighed down by lower oil, weak earnings

jueves 21 de abril de 2016 09:58 GYT

* Mattel sinks after revenue misses estimates

* Jobless claims unexpectedly fall last week

* Indexes down: Dow 0.02 pct, S&P 0.18 pct, Nasdaq 0.08 pct (Updates to open)

By Abhiram Nandakumar

April 21 (Reuters) - U.S. stock indexes were slightly lower on Thursday as oil prices fell and Travelers and Verizon reported weak results.

Crude prices fell nearly 2 percent, but were hovering near five-month highs after the International Energy Agency said 2016 would see the biggest fall in non-OPEC production in more than two decades.

The S&P 500 has come closer to its record high of 2,134.72, riding on better-than-expected results and a recent rebound in oil.

S&P 500 companies are seen reporting a 7.5 percent fall in first-quarter profit on average, and a 1.3 percent decline in revenue, according to Thomson Reuters I/B/E/S.

However, market analysts say investors seem to be looking past the lowered expectations for earnings and revenue growth, and booking short-term profits.   Continuación...