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

lunes 12 de septiembre de 2016 10:02 GYT
 

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

* Perrigo rises after Starboard reveals stake

* Bank stocks drag down S&P

* Indexes down: Dow 0.26 pct, S&P 0.21 pct, Nasdaq 0.21 pct (Updates to open)

By Yashaswini Swamynathan

Sept 12 (Reuters) - Wall Street was lower on Monday, dragged down by financial companies, as Federal Reserve officials did little to calm investors nervous about an interest rate hike as early as next week.

A number of top Fed officials have hinted at a possible raise at the central bank's next policy-setting meeting on Sept. 20-21. The latest was Atlanta Fed Bank President Dennis Lockhart who said on Monday a "serious discussion" was warranted.

However, Minneapolis Fed President Neel Kashkari suggested to CNBC that he saw little urgency to take action given the state of the economy.

Six of the 10 major S&P 500 indexes were lower, with financials falling for the third straight day. The biggest Wall Street banks were down between 0.7 and 1.5 percent.   Continuación...