US STOCKS-Wall St see-saws as investors assess rate-hike chances

martes 4 de octubre de 2016 13:05 GYT

* Fed President Jeffrey Lacker strikes hawkish note on rates

* Rate-sensitive sectors of S&P 500 drop the most

* Apple top influence on all three indexes

* Dow down 0.15 pct, S&P down 0.16 pct, Nasdaq up 0.05 pct (Updates to early afternoon)

By Yashaswini Swamynathan

Oct 4 (Reuters) - U.S. stocks see-sawed on Tuesday as investors assessed the prospects of an interest rate hike in the coming months.

The markets lost some momentum after the International Monetary Fund (IMF) lowered its growth forecast for the U.S. economy to 1.6 percent from 2.2 percent this year and painted a gloomy picture of the global economy.

Ten of the 11 major S&P 500 indexes were down, with the high dividend-paying sectors, telecom services and utilities, taking the biggest hit.

Financials rose 0.68 percent after Richmond Federal Reserve President Jeffrey Lacker said he would have voted in favor of a rate hike at the last policy meeting had he been able to do so.   Continuación...