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* Macy's climbs after earnings
* Twitter shares jump after analyst day comments
* SeaWorld tumbles after earnings
* 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 inlate Wednesday afternoon trading, pausing after a series ofrecord highs in the Dow and S&P 500, as financial shares lostground after global regulators fined five major banks.
Energy shares also dipped along with oil prices, with Brentcrude oil breaking below $80 a barrel for the first time sinceSeptember 2010. Shares of Exxon Mobil were down 1.3percent, leading the S&P 500 lower.
The banks, including UBS AG , HSBC HoldingsPlc and Citigroup Inc, were fined $3.4 billionfor failing to stop their traders from trying to manipulate theforeign 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 amongthe biggest drags on the S&P 500. The S&P financial index lost 0.4 percent.
With valuations still "reasonable, the market should enjoynormal seasonal strength in the final months of the year," saidAlan Gayle, director of asset allocation for RidgeWorthInvestments in Atlanta.
At 2:54 p.m., the Dow Jones industrial average fell25.5 points, or 0.14 percent, to 17,589.4, the S&P 500 lost 3.96 points, or 0.19 percent, to 2,035.72 and the NasdaqComposite added 5.07 points, or 0.11 percent, to4,665.63.
The S&P 500 has rallied more than 9 percent from a six-monthlow in October, buoyed by supportive economic data and corporateearnings. For the year so far, it is up more than 10 percent.
Among the biggest decliners on the New York Stock Exchange,SeaWorld Entertainment slumped 9.6 percent afterquarterly earnings fell short of expectations.
The day's gainers included retailers. Macy's Inc rose4.7 percent after it posted third-quarter earnings and revisedits full-year outlook. Shares of J.C. Penney were up 6.7 percent, while shares of Urban Outfitters were up 3.2 percent.
Also on the up side, shares of Twitter jumped 6.8percent after it said during its first financial analyst daythat it is considering creating additional mobile applicationsbeyond its core messaging service and ways of making it easierfor newcomers to use its service.
Declining issues outnumbered advancing ones on the NYSE by1,545 to 1,493, for a 1.03-to-1 ratio on the downside; on theNasdaq, 1,472 issues rose and 1,178 fell for a 1.25-to-1 ratio. (Additional reporting by Chuck Mikolajczak; Editing by NickZieminski)
