US STOCKS-Wall St lower after Fed leaves rates unchanged

jueves 28 de julio de 2016 10:15 GYT
 

* Fed says near-term risks on economic outlook reduced

* NetSuite soars on Oracle deal

* Ford down 8.2 pct; weighs on S&P

* Indexes down: Dow 0.36 pct, S&P 0.23 pct, Nasdaq 0.11 pct (Updates to open)

By Yashaswini Swamynathan

July 28 (Reuters) - Wall Street fell on Thursday morning on mixed earnings and weak economic data, a day after the Federal Reserve decided to keep interest rates unchanged.

The Fed said on Wednesday that the U.S. economy had expanded at a moderate rate and the near-term risks to its outlook had diminished, leaving the door open for a possible increase in the coming months.

The S&P 500 was dragged down by Ford, whose shares dropped 8.2 percent after disappointing second-quarter profit.

A report by the U.S. Labor Department showed that unemployment numbers rose more than expected to 266,000 for the week ended July 22. Analysts had expected a rise to 260,000.   Continuación...