S&P 500 index lower on Wednesday, up for February

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Source: Dukascopy Bank
S&P 500 index ended lower on Wednesday after Fed chairman Ben Bernake's announcement the job market is far from full recovery and the surge in crude price can bolster inflation. US benchmark index dropped 0.47% or 6.5 points and closed at 1,365.68. Nevertheless S&P 500 has gained 4.1% in February. First Solar tumbled 11% after cutting revenue forecast for 2012. Staples fell 8% on news firm's international sales declined in 4th quarter. MetroPCS Communications lost 6.5% after UBS downgraded the company from buy to neutral. 

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