US STOCKS-Wall St falls on weak trade data; energy stocks turn lower

martes 5 de mayo de 2015 13:29 GYT

* March trade deficit hits near 6-1/2 year high

* Disney hits record high after results

* Tech stocks biggest drag on indexes

* Indexes off: Dow 0.6 pct, S&P 0.9 pct, Nasdaq 1.4 pct (Updates to early afternoon)

By Tanya Agrawal

May 5 (Reuters) - U.S. stocks fell further in afternoon trading on Tuesday after the U.S. trade deficit surged in March, suggesting that the economy contracted in the first quarter.

Energy stocks retreated after a brief rally.

The $51.4 billion deficit was the highest in nearly 6-1/2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross domestic product last week.

"Everyone is now keeping an eye on Friday's jobs numbers to see if last month's dismal numbers were a momentary blip or for real," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.   Continuación...