PNC Wealth Management head of investment agency, executive director of investment affairs Jim - Benton Donegan (Jim Dunigan), "said news of the U.S. is still quite positive, our confrontation with the negative news from abroad."
After two days of decline, the Dow late Tuesday the level of consolidation in the flat. Dow 30 industrial stocks, 15 stocks were up.
S & P 500 index fell slightly, the best performing sector of natural resources, science and technology sector had the largest decrease.
Investment institutions Stifel, Nicolaus & Co market strategist Eliot - Spa (Elliot Spar) comments in the afternoon, said, "If such things in Europe the past, the United States has continued good economic news released by the stock market will benefit."
The euro fell below 1.30 against the dollar, but is now back up to 1.3015.
Internet search giant Google (GOOG) fell 4.4%, dragging down the Nasdaq fell after reports that the company spent $ 6,000,000,000 for the acquisition of a discount for shoppers looking for a social networking site Groupon. In addition, the European Commission on Tuesday announced that it has for the abuse on the Google Internet search market dominance in the allegations of antitrust investigations.
S & P 500 index and technology by the health care sector of the drag. November since the index was essentially flat, down just 0.3%, after three consecutive months the index has been achieved up on line.
U.S. stocks opened sharply lower on Tuesday, in a number of positive economic data released, the broader market decline narrowed. Institute for Supply Management (ISM) announced that the Chicago branch, and 11 months of the Chicago purchasing managers index (PMI) was 62.5 points, ahead of market expectations. According to Bloomberg News survey of economists forecast an average of 59.6 points. October Chicago PMI to 60.6 points.
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