US STOCKS-Wall St ends mostly lower; Nasdaq down for 3rd session

jueves 8 de mayo de 2014 16:33 GYT

* Utilities, energy stocks sell off as investors book profits

* Nasdaq records longest losing streak since early April

* Indexes: Dow up 0.2 pct; S&P off 0.1 pct; Nasdaq off 0.4 pct (Updates to close)

By Angela Moon

NEW YORK, May 8 (Reuters) - U.S. stocks mostly fell on Thursday with the S&P 500 and the Nasdaq closing lower, led by losses in the energy and utility sectors.

The Nasdaq ended lower for a third straight session, its longest losing streak since early April.

A turnaround in beaten-down internet stocks had boosted the Nasdaq earlier, while a drop in initial jobless claims suggested the labor market was improving and had helped lift the broader market.

But a late selloff in utilities and energy, among the best performing sectors recently, dragged the S&P 500 and the Nasdaq to session lows.

"I think it was technical once again. We got right to resistance, we challenged it, but had no momentum to get through," said Ken Polcari, director of the NYSE floor division at O'Neil Securities in New York.   Continuación...