US STOCKS-Drug stocks pull Wall St lower; jobs report in focus



* Weekly jobless claims fall to 249,000 vs. est. 257,000
* Dollar index surges to 11-week high
* Wal-Mart biggest drag on S&P 500, Dow
* Indexes down: Dow 0.45 pct, S&P 0.25 pct, Nasdaq 0.37 pct (Adds details, comments updates prices)
By Yashaswini Swamynathan
Oct 6 Drug stocks dragged Wall Street lower on Thursday, while investors anxiously awaited a crucial jobs report that would help set the tone for interest rate hikes in the coming months.
A growing number of Fed officials have argued for higher rates as the labor market remains robust and inflation inches towards the central... read more

 
6 October 2016 in World News, Views: 36
Source: Reuters
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