US STOCKS-Wall St dips in choppy trade; earnings, Fischer in focus

lunes 17 de octubre de 2016 11:26 GYT

* Fed Vice Chairman Fischer likely to speak on rates

* Oil prices drop weighs on energy stocks

* Bank of America reverses course to trade lower

* Indexes down: Dow 0.1 pct, S&P 0.12 pct, Nasdaq 0.1 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Oct 17 (Reuters) - Wall Street inched lower in a choppy session on Monday as an advance in technology and financial stocks offset the effects of lower oil prices and a dip in healthcare stocks.

Investors are also awaiting Federal Reserve Vice Chairman Stanley Fischer's speech at 12:15 p.m. ET (1615 GMT), when he is expected to offer his thoughts on raising interest rates.

With third-quarter earnings reports in full flow this week, investors will be hoping corporate America's profits fare better in the second half of the year than they did in the first.

Earnings of S&P 500 companies are expected to have slipped 0.4 percent in the quarter, according to Thomson Reuters data, but better-than-expected reports could shore up profits for the period.   Continuación...