US STOCKS-Google pushes Nasdaq to record high, other stocks mixed

viernes 17 de julio de 2015 14:57 GYT

* Google hits record high after strong results

* Facebook, Etsy rally on Google earnings report

* Energy index at lowest level in more than 2 years

* Dow down 0.27 pct, S&P flat, Nasdaq up 0.76 pct (Updates to afternoon, adds comment)

By Noel Randewich

July 17 (Reuters) - The Nasdaq composite hit a new record high on Friday on strong results from Google while weak energy stocks weighed on the Dow and S&P 500.

Google surged over 16.8 percent to a record high of $703, a day after reporting strong ad revenue growth. Google's Class A shares were on track for their largest one-day percentage gain since April 2008.

Facebook rose nearly 5 percent to a record high of $95.39 on hopes that it could mirror Google's ad growth. Etsy spiked 23 percent thanks to a nod from Google during its conference call.

But a drop in oil prices limited gains on the broader stock market, with the S&P 500 energy index down 0.91 percent to its lowest level since January 2013. Exxon was down 0.34 percent and Chevron lost down 1.2 percent. The utilities index dropped 0.92 percent.   Continuación...