US STOCKS-Dow edges up but tech weighs on S&P, Nasdaq

lunes 15 de septiembre de 2014 14:23 GYT

* Yahoo gives up near 3 pct jump, volume high

* Altria, Molson Coors hit record highs

* Dow up 0.1 pct, S&P down 0.2 pct, Nasdaq off 1.3 pct

NEW YORK, Sept 15 (Reuters) - U.S. stocks were mixed on Monday with the tech sector weighing on the Nasdaq and S&P 500 as investors make space for Alibaba's planned debut later this week.

Alibaba's could be the largest initial public offer in history and has seen "overwhelming" interest, meaning Yahoo's 23 percent stake could be worth more next week than it is now. Yahoo stock was falling 1.3 percent with 4.7 million shares already traded, after earlier hitting its highest in 14 years.

Market darlings Facebook and Netflix were falling more than 4 percent each.

The Dow Jones industrial average was rising 20.78 points, or 0.12 percent, to 17,008.29, the S&P 500 was losing 4.41 points, or 0.22 percent, to 1,981.13 and the Nasdaq Composite was dropping 59.18 points, or 1.3 percent, to 4,508.42.4.871

The largest percentage gainer on the New York Stock Exchange was DRDGOLD Ltd, rising 22.99 percent, while the largest percentage decliner was Bankrate Inc, down 15.99 percent.

Bankrate said U.S. regulators were investigating its financial reporting during 2012 and that its chief financial officer of eight years had resigned, effective immediately.   Continuación...