US STOCKS-Wall St treads lower as Apple slide adds to caution

viernes 17 de junio de 2016 11:36 GYT
 

* Apple drags all three indexes

* Indexes down: Dow 0.6 pct, S&P 0.6 pct, Nasdaq 0.94 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

June 17 (Reuters) - A drop in Apple dragged down all three major U.S. stock indexes on Friday even as investors remained wary of global economic growth worries and an impending referendum on Britain's European Union membership.

Britain will vote on June 23, an event that has weaved in uncertainty across the globe, battering stocks and bond yields for the past week and spiking the demand for safe-haven assets such as gold and the yen.

"Risk appetite has declined because of the Brexit vote," said Jeremy Zirin, head of investment strategy at UBS Wealth Management Americas in New York.

"Sectors that are performing well today are only those that have reacted positively to the dollar," he added.

The dollar fell 0.22 percent to 94.35 against a basket of major currencies.

The U.S. Federal Reserve left short-term interest rates unchanged on Wednesday and cut its forecast for economic growth, but stock markets' reaction to the largely expected outcome has been muted.   Continuación...