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1 of 5. Traders work on the floor of the New York Stock Exchange, June 25, 2012.
Credit: Reuters/Brendan McDermid
NEW YORK | Tue Jun 26, 2012 10:36am EDT
NEW YORK (Reuters) - Stocks trimmed gains, with the Dow turning negative on Tuesday, as investors exercised caution after a Spanish bill auction met with falling demand.
The pullback by stocks also followed data showing U.S. consumer confidence fell for the fourth straight month in June.
The Dow Jones industrial average was down 8.74 points, or 0.07 percent, at 12,493.92. The Standard & Poor's 500 Index was up 1.45 points, or 0.11 percent, at 1,315.17. The Nasdaq Composite Index was up 6.30 points, or 0.22 percent, at 2,842.46.
(Reporting By Angela Moon; Editing by Kenneth Barry)
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Comments (1)
Ye old 50 point short cover rebound and down another 150 the day after. Where is Bernanke when you need a bag holder. He bout $1 Trillion of Treasuries and $500 million urban minority unwed mother of six mortgage bundles. Why can't he buy some Facebook, and some JPMorgan?
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