US STOCKS-Dow, S&P 500 slip with banks, energy; retailers up
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* Dow down 0.1 pct, S&P 500 off 0.2 pct, Nasdaq up 0.1 pct (Updates to late afternoon)
By Caroline Valetkevitch
NEW YORK, Nov 12 (Reuters) - The Dow and S&P 500 dipped in late Wednesday afternoon trading, pausing after a series of record highs in the Dow and S&P 500, as financial shares lost ground after global regulators fined five major banks.
Energy shares also dipped along with oil prices, with Brent crude oil breaking below $80 a barrel for the first time since September 2010. Shares of Exxon Mobil were down 1.3 percent, leading the S&P 500 lower.
The banks, including UBS AG , HSBC Holdings Plc and Citigroup Inc, were fined $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market.
Citigroup, which will pay $1.02 billion to settle the probe, dipped 0.8 percent. JPMorgan Chase, which is also facing a penalty, fell 1.5 percent and was among the biggest drags on the S&P 500. The S&P financial index lost 0.4 percent. Continuación...