Dow and S&P fall on oil drop - New York Report

THE DOW and S&P 500 ended slightly lower yesterday, breaking their five-day streak of record closing highs as energy and utility shares lost ground, while the Nasdaq climbed.

The Dow Jones industrial average fell 2.7 points, or 0.02 per cent, to 17,612.2, the S&P 500 lost 1.43 points, or 0.07 per cent, to 2,038.25 and the Nasdaq Composite added 14.58 points, or 0.31 per cent, to 4,675.14.

Energy shares fell along with oil prices, with Brent crude oil breaking below $80 a barrel for the first time since September 2010. Shares of Exxon Mobil were down 1.1 per cent at $95.38.

Lifting the Nasdaq, Apple shares gained 1.4 per cent to $111.25, a record high. Shares of Twitter jumped 7.5 per cent to $42.54 after it said it was considering creating additional mobile applications.

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