S&P 500 modestly down on new hirings report

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Source: Dukascopy Bank
S&P 500 index declined on Wednesday as jobs report showed US companies added less jobs than expected. US benchmark index fell 0.25% or 3.51 points and closed at 1,402.31. TripAdvisor rallied 17% after company reported profit for the 1st quarter and sales that beat analysts' predictions. Chesapeake fell 15%, a record drop since 2008. The firm lowered its yearly operating cash flow estimates for years 2012 and 2013 by around 48%, and raised the amount of assets it prepares to sell.  

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