US STOCKS-S&P 500, Dow fall as energy sinks; Nasdaq up after deal news

jueves 26 de febrero de 2015 15:54 GYT

* Initial claims climb in latest week

* CPI posts biggest drop since 2008

* Durable goods orders top expectations

* climbs after results, outlook

* Indexes: Dow off 0.2 pct, S&P off 0.3 pt, Nasdaq up 0.1 pct (Updates to afternoon trading)

By Caroline Valetkevitch

NEW YORK, Feb 26 (Reuters) - The Dow and S&P 500 slipped in afternoon trading on Thursday as energy shares tumbled with oil prices, while the Nasdaq advanced after deal news in the technology sector.

Energy shares led declines in the S&P 500 and Dow, with the S&P 500 energy index dropping 2.3 percent as U.S. crude oil futures fell 5.5 percent to settle at $48.17, pressured by rising inventories in the United States.

Avago Technologies jumped 13.2 percent to $129.47 as the best performer on both the S&P 500 and Nasdaq 100 index after the company reached a deal to acquire Emulex for $8 per share. Emulex shares surged 25.4 percent to $7.97.   Continuación...