S&P 500 ends almost flat on Monday

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Source: Dukascopy Bank
S&P 500 index traded nearly flat on Tuesday as investors attempted to incorporate into share prices the outcomes of French and Greek elections. US benchmark added 0.04% or 0.48 points and closed at 1,369.58. Cognizant Technology Solutions tumbled 19% as the IT services firm cut its estimate for the full year citing low demand. Frontier Communications lost 7% after telecommunications provider reported it was losing business and residential clients. Meat products producer Tyson Foods jumped 3.3% after posting an increase in its 2nd-quarter profit on climbing chicken and beef prices. 

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