U.S. Stocks Little Changed; Health Firms Decline
By Jeff Sutherland -
2011-12-02T20:51:14Z
U.S. stocks were little changed, erasing an earlier rally, as losses in health-care and utility shares offset an unexpected drop in the unemployment rate.
The S&P 500 dropped 0.1 percent to 1,243.76 at 3:50 p.m. New York time, after rising as much as 1.3 percent. The index has gained 7.8 this week, heading for its biggest weekly rally since March 2009.
To contact the editor responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net
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U.S. Stocks Little Changed
Jin Lee/Bloomberg
A trader works on the floor of the New York Stock Exchange (NYSE) in New York.
A trader works on the floor of the New York Stock Exchange (NYSE) in New York. Photographer: Jin Lee/Bloomberg
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