US STOCKS-Dow, S&P 500 dip, end 5-day streak of closing highs
* Macy’s climbs up after earnings
* SeaWorld topples after earnings
* Dow down 0.02 pct, S&P 500 off 0.1 pct, Nasdaq up 0.3 pct (Updates to shut)
By Caroline Valetkevitch
New York City, Nov 12 (Reuters) – The Dow as well as S&P 500 endedslightly lower on Wednesday, damaging their five-day streak ofrecord closing highs as energy and also utility shares shed ground, while the Nasdaq climbed up.
Power shares fell in addition to oil prices, with Brent crudeoil damaging listed below $80 a barrel for the initial time sinceSeptember 2010. Shares (Frankfurt: DI6.F – information) of Exxon Mobil (Swiss: XOM.SW – information) were down 1.1 percent at $95.38, while the S&P power index dropped0.9 percent.
S&P energies slid 2 percent and were the biggestdrag on the benchmark index, reversing recent gains. The indexis still up 7.6 percent for the month up until now.
The S&P 500 has actually rallied greater than 9 percent from a six-monthlow in October, buoyed by supportive financial information and also corporateearnings. For the year up until now, it is up 10.3 percent.
“The overall setting has actually actually moved from negativeto good. We had our get better … so the marketplaces arefairly quiet, and also I assume investors are really fairlycomfortable now,” claimed Bryant Evans, profile supervisor atCozad Asset Administration, in Champaign, Illinois.
The Dow Jones industrial standard dropped 2.7 factors, or0.02 percent, to 17,612.2, the S&P 500 shed 1.43 factors, or 0.07 percent, to 2,038.25 and the Nasdaq Compound added 14.58 factors, or 0.31 percent, to 4,675.14.
Raising the Nasdaq, Apple (NasdaqGS: AAPL – news) shares obtained 1.4 percentto $111.25, a document high. Shares of Twitter hopped 7.5 percent to $42.54. It stated during its very first monetary analystday it is thinking about developing added mobile applications.
Financial shares slipped after international regulators penalizeded fivemajor bankings for neglecting to quit their investors from attempting tomanipulate the forex market. The financial institutions includedCitigroup Inc (NYSE: C – information), whose shares dipped 0.7 percent.
The day’s gainers included retailers, with the S&P retailindex climbing up 0.6 percent. Macy’s Inc increased 5.1 percent to $61.57 after upbeat revenues. Sharesof Fossil hopped 8.4 percent to $112.48, a day afterits results.
Among the day’s largest NYSE decliners, SeaWorldEntertainment plunged 9.4 percent to $16.85 afterearnings disappointed expectations.
NYSE advancers exceeded decliners 1,669 to 1,410, a1.18-to-1 proportion on the upside; on the Nasdaq, 1,645 problems roseand 1,029 fell for a 1.60-to-1 ratio.
About 5.9 billion shares traded on UNITED STATE exchanges, here the6.6 billion standard this month, according to BATS GlobalMarkets. (Extra reporting by Chuck Mikolajczak; Modifying by NickZieminski)