U.S. Stocks Trim Losses as Technology, Health-Care Shares Gain
By Michael P. Regan -
2010-09-15T14:05:37Z
U.S. stocks trimmed losses as gains in technology and health-care companies helped the market recover from an early slump triggered by a lower-than-forecast reading on New York-area manufacturing and slowdown in industrial production growth.
The Standard & Poor’s 500 Index slipped 0.2 percent to 1,118.54 at 10:03 a.m. in New York after dropping as much as 0.6 percent in the first half hour of trading. The Dow Jones Industrial Average fell 3.9 points, or less than 0.1 percent, to 10,522.59, paring a 46-point tumble.
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