US STOCKS-Wall St slips as financial, tech stocks weigh

lunes 3 de octubre de 2016 13:13 GYT

* Purchasing Managers Index expands to 51.3 vs est. 50.3

* Utilities top loser among S&P 500 sectors

* Indexes down: Dow 0.45 pct, S&P 0.56 pct, Nasdaq 0.53 pct (Updates to early afternoon)

By Yashaswini Swamynathan

Oct 3 (Reuters) - Wall Street slipped on the first trading day of the fourth quarter, dragged down by financial and technology stocks.

The markets have become skittish, with the S&P 500 swinging between gains and losses in the past few days as investors await the upcoming corporate earnings season and the outcome of a tight race to the White House.

Concerns over U.S. authorities demanding $14 billion from Deutsche Bank and Britain's March deadline to start its separation from the European Union are also weighing on investor sentiment.

The S&P 500 financial index declined 0.6 percent as Wells Fargo fell to a near three-year low of $43.73.

The technology index was off 0.54 percent as Microsoft and Apple slipped.   Continuación...