Dow Jones Industrial Average closes 0.2% higher

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Source: Dukascopy Bank SA
Dow Jones Industrial Average retreated on Tuesday after US reported its non-manufacturing expanded instead of expected slight drop. ISM gauge climbed from 53.5 to 53.7 in May. Blue chip index added 0.22% or 26.49 points and settled at 12,127.95. JP Morgan recovered from yesterday's slump and posted the biggest gains for the index, jumping 3.2%. Other lender Bank of America was also supported by positive investor sentiment and ended 2.9% up. On the downside Wal-Mart Stores traded modestly lower, giving up 0.7%. 

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