GLOBAL MARKETS-Stocks, dollar pull back after soft ISM data

martes 6 de septiembre de 2016 11:24 GYT
 

* U.S. stocks, dollar fade after ISM services data

* Oil prices lower after early spike

* Gold climbs on dimmed hopes for rate hike (Updates with U.S. market open, changes byline, dateline)

By Chuck Mikolajczak

NEW YORK, Sept 6 (Reuters) - A gauge of global equity markets retreated from a one-year high on Tuesday and the dollar dipped to session lows after data on the U.S. services sector fell short of expectations.

The Institute for Supply Management said its index of non-manufacturing activity fell to 51.4, its lowest level since February 2010, from 55.5 the month before and well shy of the 55 estimate.

Stocks on Wall Street turned negative in the wake of the data and MSCI's index of world shares pared gains from an intraday high of 423.28, its highest level in a year.

The dollar weakened, touching a one-week low against the yen while the dollar index hit a two-week low of 95.03.

The Dow Jones industrial average fell 19.76 points, or 0.11 percent, to 18,472.2, the S&P 500 lost 2.12 points, or 0.1 percent, to 2,177.86 and the Nasdaq Composite added 3.81 points, or 0.07 percent, to 5,253.71.   Continuación...