US STOCKS-Wall St drops 1 pct, led by financials and energy stocks

martes 13 de septiembre de 2016 11:31 GYT
 

* Oil prices fall more than 2 pct on IEA report

* Apple only Dow gainer on strong demand for new iPhones

* Financials hit by lower odds of near-term rate hike

* Indexes down: Dow 1.16 pct, S&P 1.35 pct, Nasdaq 1.08 pct (Adds details, changes comment, updates prices)

By Tanya Agrawal

Sept 13 (Reuters) - U.S. stocks fell more than 1 percent on Tuesday, with energy stocks hit by lower oil prices and financials dropping on diminished prospects of a near-term rate hike.

The selloff was broad, with all 10 major S&P 500 sectors in the red and every Dow component, besides Apple, also declining.

The energy index's 2.3 percent fall led the decliners as oil prices dropped more than 2 percent after an International Energy Agency report added to concerns about global oversupply.

"Oil is acting as a barometer for the economy," said Andre Bakhos, managing director at Janlyn Capital in Bernardsville, New Jersey.   Continuación...