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24 Apr 2013
Wall Street closes mixed on bad US data and earnings
FXstreet.com (San Francisco) - While the Dow Jones closed lower on Wednesday, the S&P 500 ended flat and the Nasdaq finished the day with gains as investors were trading on mixed corporate earnings and an ugly durable goods orders.
In the United States, Durable Goods Orders (March) came in at -5.7%, against expectations of just -2.8%. Moreover, Durable Goods Orders ex Transportation yielded a figure of -1.4% in March, vs. a projection of +0.5%.
The DJIA declined 43.16 points or 0.29% to end the day at 14,676.30. The S&P 500 added 0.01 points, almost flat on the day to remain at 1,578.79. The Nasdaq Composite advanced 0.32 points or 0.01% to 3,269.65.
In the United States, Durable Goods Orders (March) came in at -5.7%, against expectations of just -2.8%. Moreover, Durable Goods Orders ex Transportation yielded a figure of -1.4% in March, vs. a projection of +0.5%.
The DJIA declined 43.16 points or 0.29% to end the day at 14,676.30. The S&P 500 added 0.01 points, almost flat on the day to remain at 1,578.79. The Nasdaq Composite advanced 0.32 points or 0.01% to 3,269.65.