Tuesday, 5 November 2013

INQUIRER.net: US stocks mostly lower as market digests recent gains

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US stocks mostly lower as market digests recent gains
Nov 5th 2013, 23:26

NEW YORK CITY—US stocks Tuesday ended mostly lower as analysts pointed to the need for markets to absorb recent gains after a number of records in the last couple of weeks.   The Dow Jones Industrial Average fell 20.90 points (0.13 percent) to 15,618.22.   The broad-based S&P 500 dipped 4.96 (0.28 percent) to 1,762.97, while the tech-rich Nasdaq Composite Index edged up 3.27 (0.08 percent) to 3,939.86.   Markets opened lower after the European Union cut its 2014 eurozone growth forecast. The indices rallied after that, but the rise was not enough to pull two of the three main indices into positive territory.   Art Hogan, head of produ...

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