US STOCKS-Dow, S&P 500 edge lower after hitting intraday records

martes 11 de noviembre de 2014 16:00 GYT

* D.R. Horton advances after earnings

* Veterans Day holiday curbs volume

* Dow off 0.1 pct, S&P down 0.03 pct, Nasdaq up 0.1 pct (Updates to late afternoon)

By Caroline Valetkevitch

NEW YORK, Nov 11 (Reuters) - The Dow and S&P 500 inched lower late Tuesday afternoon after both indexes managed to touch fresh intraday records for a fifth straight session in early trading.

Among the S&P 500's biggest percentage decliners, the stock of Juniper Networks fell 4.5 percent, a day after the company's chief executive resigned following a board review of his conduct in a negotiation with a customer.

Shares of Alibaba were down 3.7 percent, retracing recent gains. The e-commerce giant reported more than $9 billion in sales on China's Singles' Day on Tuesday.

The benchmark S&P index had set its 39th new closing high for the year on Monday, versus 45 such highs in 2013. The last time the index closed at a record for four consecutive days was in June, while its last five-day streak was in May 2013.

The S&P 500 has rallied more than 9 percent from a six-month low in October, buoyed by supportive economic data and solid corporate earnings reports. For the year, the index is up over 10 percent.   Continuación...