Wall St. dips with S&P 500's record high in sight

[riky]

Wall St. dips with S&P 500's record high in sight

<p><a href="http://news.yahoo.com/futures-edge-higher-tech-shares-focus-133931935--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/kyoirPA2i.N3_Mfz6Sb5TA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-02-21T234129Z_1_CBREA1K1TT600_RTROPTP_2_MARKETS-STOCKS.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks slipped on Friday on options-related trading, with the S&amp;P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm. Shares declined late in the session due in part to trades related to options expiration, according to market participants. U.S. home resales, also known as existing home sales, fell more than expected in January and hit an 18 month-low as the combination of cold weather and a lack of housing stock sidelined potential buyers. Traders have selectively dismissed weak economic data, which is being blamed on the extreme weather that has affected large swaths of the United States.</p><br clear="all"/>

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