US STOCKS-Wall St lower as oil pulls back

jueves 29 de septiembre de 2016 10:06 GYT

* 2nd-qtr GDP expands at 1.4 pct rate

* Weekly jobless claims rise less than expected

* Indexes down: Dow 0.04 pct, S&P 0.1 pct, Nasdaq 0.17 pct (Updates to open)

By Yashaswini Swamynathan

Sept 29 (Reuters) - U.S. stocks were slightly lower in choppy trading on Thursday morning as oil prices pulled back and investors assessed a set of economic data and comments from Federal Reserve officials.

Oil prices rallied nearly 6 percent on Wednesday following an agreement among major oil producing countries to curb output, but were down a day later as investors worried about the deal's impact on oversupply.

Investors are awaiting Fed Chair Yellen's speech in Washington and will look for hints on the timing of the next interest rate hike.

The markets have been at the mercy of every Fed deliberation as its members remain divided over whether the U.S. economy is strong enough to absorb a rate hike in the near term.

Kansas City Fed President and voting member Esther George told CNBC that it was time to move ahead with a rate hike. She is scheduled to speak at a conference later in the day.   Continuación...