Wed, 21 Mar 2012 09:41:08 GMT
S&P 500 index slips 0.3% on Tuesday
S&P 500 index retreated from recent rally and declined on Tuesday after Billiton announced the demand for steel from China was falling. US benchmark index lost 0.3% or 4.23 points to 1,405.52. Oil and gas sector contributed most to the downside. Tiffany surged 6.7% to USD 73.27 as stock market rally encouraged jewelry purchases. Apple jumped 0.8% to a new