US STOCKS-S&P, Nasdaq slip as tech stocks weigh

lunes 7 de marzo de 2016 12:18 GYT
 

* Micron falls after downgrade

* Crude oil up more than 3 pct

* Dow up 0.09 pct, S&P down 0.17 pct, Nasdaq down 0.34 pct (Adds details, changes comment, updates prices)

By Abhiram Nandakumar

March 7 (Reuters) - The S&P 500 and the Nasdaq were lower on Monday as declines in technology shares outweighed gains in energy and materials stocks.

However, a rise in shares of Caterpillar and Dupont pushed the Dow into positive territory.

An upbeat jobs report on Friday helped the S&P 500 and the Dow Jones industrial average record their first four-day winning streak in about five months.

The Dow closed above 17,000 on Friday for the first time since January, while the S&P was just shy of 2,000, levels that traders consider psychologically important.

"Equities are in somewhat of a pause mode this morning following a performance last week that was largely an unexpected surprise," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in Minneapolis.   Continuación...