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S&P 500 retreat amid the absence of economic data.

U.S. stocks ended on Tuesday, the second week sessions, with contrast amid the absence of important economic data from the United States of America, in addition to the continuation of the disclosure season of major companies reported financial results for the second quarter.

S & P 500 stopped a rally which lasted four sessions in a row on a retreat from its record high hit on Monday at the close. While Dow got support slightly from good results of a company named United Technologies. The results was under expectations in general and hindered the market overall.

Technology stocks influenced on the S & P 500 and the Nasdaq. The Dow Jones industrial average DJI increased to 22.19 points, or 0.14 percent, to 15567.74 points. And benchmark Standard & Poor's 500 Index was down 3.14 points, or 0.19 percent, to 1692.39 points.

The Nasdaq Composite Index lost laced technology stocks 21.11 points, or 0.59 percent to 3579.27 points.

Wednesday, 24 Jul, 2013 / 6:47

Source : https://www.firstbinaryoption.com

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