Monday 12 August 2013

INQUIRER.net: US stocks close mixed ahead of US data

INQUIRER.net
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US stocks close mixed ahead of US data
Aug 13th 2013, 01:03

NEW YORK CITY—Wall Street stocks closed mixed Monday as investors looked to a busy week of data releases on the US economy.   The Dow Jones Industrial Average slipped 5.83 (0.04 percent) to 15,419.68. The broad-based S&P 500 gave up 1.95 (0.12 percent) at 1,689.47, while the tech-rich Nasdaq Composite Index gained 9.84 (0.27 percent) to 3,669.95.   The indecisive results came as investors await a full tally of US economic data later in the week that includes retail sales, housing and industrial production.   "Investors are trying to figure out the next catalysts," said Art Hogan, head of product strategy at Lazard Capital Markets.   A...

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