U.S.
stocks fluctuated, after benchmark indexes closed Wednesday near
all-time highs, as energy shares tumbled while a rally in technology
companies helped push the Nasdaq Composite Index closer to a record.
Salesforce.com
Inc. soared 11 percent after it raised its revenue forecast. Chevron
Corp. and Exxon Mobil Corp. lost more than 1 percent as energy companies
dropped 1.5 percent.
The
Standard & Poor™s 500 Index fell 0.1 percent to 2,111.28 at 12:02
p.m. in New York. The Dow Jones Industrial Average lost 17.25 points, or
0.1 percent, to 18,207.32. The Nasdaq Composite rose 0.3 percent,
resuming its climb toward an all-time high reached during the dot-com
era in 2000.
The
S&P 500 has gained 5.9 percent in February, poised for the best
monthly performance since October 2011, while the Dow has added 6.1
percent. The Nasdaq Composite has rallied 7.5 percent, buoyed by gains
in Apple Inc., which has the biggest weighting in the index. The gauge
advanced for 10 straight days through Feb. 24, and is now about 1.3
percent from its March 2000 record.
Source: Bloomberg
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