US STOCKS-Wall St drops as Pfizer falls; presidential debate eyed

lunes 26 de septiembre de 2016 11:20 GYT

* Pfizer falls after abandoning plan to split

* U.S. presidential debate kicks off at 9:00 p.m. ET

* Deutsche Bank down, weighs on U.S. financials

* Indexes down: Dow 0.56 pct, S&P 0.46 pct, Nasdaq 0.61 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Sept 26 (Reuters) - Wall Street was lower late Monday morning, dragged down by Pfizer and as investors anxiously await the first U.S. presidential debate to gauge how the candidates plan to shape the economy and policy.

Pfizer fell 1.6 percent after it decided against splitting into two. The stock was the biggest drag on the S&P 500 healthcare index, which fell 0.98 percent, making it the biggest loser among the nine declining S&P sectors.

While the White House race has so far had little discernible effect on the market, that may soon change as polls show a tightening race ahead of the first debate between Hillary Clinton and Donald Trump.

With just over six weeks until Election Day, some investors see a toss-up contest creating volatility in certain sectors, including health insurers, drugmakers and industrials.   Continuación...