* Apple shares fall the most since Brexit vote result
* ECB leaves monetary policy unchanged
* Weekly jobless claims fell to 259,000 last week
* Indexes down: Dow 0.2 pct, S&P 0.18 pct, Nasdaq 0.39 pct
(Updates to early afternoon)
By Yashaswini Swamynathan
Sept 8 Apple weighed on U.S. stocks on Thursday,
a day after the tech giant unveiled the new iPhone 7 that failed
to impress Wall Street.
Apple fell 2.3 percent to $105.82, its steepest
decline since June 24 when Britain's vote to leave the European
Union unleashed a massive selloff.
The world's most valuable public company also said it would
not release first-weekend sales of the new iPhone, limiting
analysts' early visibility into the popularity of the product.
The S&P 500 information technology index fell 0.85
percent and was the biggest loser among the benchmark's 10 major
Crude prices rose 3.65 percent after inventory data showed a
surprisingly large drawdown in crude stocks. While the report
powered the S&P energy index to trade at a more than
10-month high, it did little to limit losses on the broader U.S.
U.S. stocks have been trading in a tight range in recent
months, even as they hover near record levels, due to growing
uncertainty over interest rates.
The S&P 500 index has not moved more than 1 percent in
either direction on a daily basis since July 8.
At 12:27 p.m. ET (1627 GMT), the Dow Jones Industrial
Average was down 37.57 points, or 0.2 percent, at
The S&P 500 was down 3.87 points, or 0.18 percent, at
The Nasdaq Composite was down 20.66 points, or 0.39
percent, at 5,263.27, on track for its first decline in five
Seven of the 10 major S&P 500 indexes were lower, while
healthcare and financials eked small gains.
Tractor Supply was the biggest percentage loser on
the S&P, falling 16.4 percent after the home improvement and pet
care products retailer lowered its full-year forecast.
Nike fell 2.1 percent after Piper Jaffray downgraded
the shoemaker's stock to "neutral".
Declining issues outnumbered advancing ones on the NYSE by
1,555 to 1,308. On the Nasdaq, 1,371 issues fell and 1,339
The S&P 500 index showed 11 new 52-week highs and two new
lows, while the Nasdaq recorded 79 new highs and 16 new lows.
(Reporting by Tanya Agrawal in Bengaluru; Editing by Anil