US STOCKS-Wall St down sharply on oil drop, global growth worries

viernes 10 de junio de 2016 13:13 GYT
 

* Worries about Brexit, rate hikes weigh on sentiment

* Volatility index rises the most in two months

* Intel inches higher on report of Apple contract win

* Indexes down: Dow 0.56 pct, S&P 0.79 pct, Nasdaq 1.02 pct (Updates to early afternoon)

By Yashaswini Swamynathan

June 10 (Reuters) - A sharp drop in oil prices and global growth worries sent jitters through Wall Street, leading the three major U.S. indexes lower for the second straight day in volatile trading on Friday.

After three days of gains, losses in the past two sessions have pushed the Nasdaq into the red for the week, while the S&P 500 and the Dow are roughly flat.

Oil prices fell 2.5 percent as traders booked profits after a rally earlier this week pushed prices to their highest in 2016, and as the dollar regained lost ground.

Financial stocks came under pressure again as global issues, including uncertainty over interest rate hikes and the impending vote on Britain's membership in the European Union, sent investors flocking to safe haven assets.   Continuación...