US shares pull back on housing data - News - Dukascopy Bank

Fri, 27 Jan 2012 12:51:59 GMT
Source: Marketwatch
 
© Scanpix/Reuters
US stocks pared the gains on Thursday after data showed the sales of new homes unexpectedly dropped in December, putting pressure on investor sentiment. S&P 500 index lost 0.57% or 7.62 points and closed at 1,318.43, while Dow Jones Industrial Average index edged down 0.18% or 22.33 points to 12,734.63. Nasdaq Composite fell 0.46% or 13.03 points and settled at 2,805.28.

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