US STOCKS-S&P and Dow flat on lackluster data, Apple boosts Nasdaq

jueves 15 de septiembre de 2016 09:56 GYT
 

* August retail sales drop more-than-expected

* Industrial output drops by 0.4 pct vs est. 0.3 pct

* Apple up for 4th day as iPhone 7 Plus sells out

* Dow down 0.07 pct, S&P down 0.1 pct, Nasdaq up 0.15 pct (Updates to open)

By Yashaswini Swamynathan

Sept 15 (Reuters) - The S&P 500 and the Dow were little changed on Thursday morning following a lackluster set of data, while the Nasdaq got a boost from Apple.

Investors got a blast of economic data, including a bigger-than-expected drop in retail sales and industrial output for August, which pointed at some weakness in the U.S. economy.

A separate report showed the number of Americans filing for unemployment benefits rose less than expected last week, pointing to a further tightening in labor market conditions.

"We're right now in a Goldilocks economy. It's not too hot, it's not too cold. It's just right to keep the Fed on the sidelines and keep interest rates right where they are," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.   Continuación...