US STOCKS-Wall St flat as health stocks weigh

lunes 8 de agosto de 2016 11:37 GYT
 

* S&P sheds gains after hitting record high

* Allergan falls on forecast cut

* Indexes down: Dow 0.02 pct, S&P 0.02 pct, Nasdaq 0.16 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Aug 8 (Reuters) - The S&P 500 index failed to hold on to its gains after opening at a record high on Monday as a drop in healthcare stocks offset the impact of higher oil prices and a strong jobs report.

The S&P 500 healthcare index lost 1.14 percent, the most since June 27.

However, oil prices rose nearly 3 percent after a report in the Wall Street Journal last week that some OPEC members had called for a freeze in production.

The S&P and the Nasdaq closed at record highs on Friday after data showed that the U.S. economy added 255,000 jobs in July, way more than 180,000 that analysts had estimated.

"You know the old saying, buy on the rumor, sell on the news, so I wouldn't say today's movement is particularly surprising," said Melissa Brown, senior director of applied research at Axioma in New York.   Continuación...