Wall Street lost its early gains on Thursday to turn negative in late morning trading after Apple fell to an almost two-year low. Five of the 10 major S&P 500 sectors were lower, with the health index's .SPXHC 0.57 percent loss leading the decliners. The S&P 500 index showed 19 new 52-week highs and 10 new lows, while the Nasdaq recorded 14 new highs and 66 new lows. First-quarter earnings for S&P 500 companies have mostly beaten analysts' expectations, but are estimated to have fallen 5.4 percent from a year ago, according to Thomson Reuters data. The S&P 500 .SPX was down 1.68 points, or 0.08 percent, at 2,062.78.

Source: Standard Digital May 12, 2016 11:56 UTC