US STOCKS-Google propels Nasdaq to another record high close

viernes 17 de julio de 2015 16:30 GYT
 

* Google surges to record high after strong results

* Facebook, Etsy rally on Google earnings report

* Energy index at lowest level in more than 2 years

* Dow closes down 0.19 pct, S&P up 0.11 pct, Nasdaq up 0.91 pct (Updates to close, adds detail)

By Noel Randewich

July 17 (Reuters) - A major rally in Google pushed the Nasdaq to a second straight record high on Friday while weak energy stocks weighed on the Dow and S&P 500.

Google surged 16.26 percent to end at an all-time high of $699.62, a day after reporting strong ad revenue growth. It was Google's largest one-day percentage gain since April 2008.

Facebook rose 4.53 percent to a record high of $94.97 on hopes that it could mirror Google's ad growth. Etsy spiked 30 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 1.07 percent to its lowest level since January 2013. Chevron lost 1.4 percent. The utilities index dropped 1.06 percent.   Continuación...