US STOCKS-Wall St to open lower as investors fret over Sept rate hike

lunes 12 de septiembre de 2016 09:02 GYT

* Fed's policy meeting scheduled on Sept. 20-21

* Perrigo rises after Starboard reveals stake

* Technology, bank stocks lower

* Futures down: Dow 109 pts, S&P 3.75 pts, Nasdaq 15.75 pts (Adds details, comment, updates prices)

By Yashaswini Swamynathan

Sept 12 (Reuters) - Wall Street was set to open lower on Monday, deepening wounds from Friday, as investors sold off riskier assets following increasing evidence of a U.S. interest rate hike as early as next week.

Even as the Federal Reserve has given little indication on the timing of the next rate hike, investors have taken cues from a number of top central bank officials hinting at a possible raise at the Fed's next policy-setting meeting on Sept. 20-21.

The latest was Atlanta Fed Bank President Dennis Lockhart who said current economic conditions called for a "serious discussion" on rates at the September meeting. But, Minneapolis Fed President Neel Kashkari suggested to CNBC that he saw little urgency to take action given the state of the economy.

Fed Governor and permanent voting member Lael Brainard's speech, the last scheduled by a Fed member before the meeting, will be scrutinized to see if she maintains her dovish stance on rates or takes a more aggressive posture. Her speech, which was not announced until Friday, is at 1:15 p.m. ET (1715).   Continuación...