wall street closing
Last Updated : GMT 05:17:37
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Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Wall Street closing

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Wall Street closing

Washington - SPA

U.S. stocks closed mixed Monday, after hitting record highs once again last week. In U.S. economic news, the Institute for Supply Management\'s monthly service-sector index came in above expectations. In corporate news, Tyson Foods was one of the biggest gainers in the S&P 500 after the meat processor reported better-than-expected earnings. HSBC shares dropped after the company reported results for the first half of the year that disappointed investors. The company announced an increase in revenue and profit before tax over the previous year as it sold assets. Apple\'s stock rose modestly, after the Obama administration vetoed an International Trade Commission import ban on some of its products. Facebook continued to rise. Shares of the social network climbed higher than $39 Monday. The stock finished above its $38 IPO price last week for the first time since it went public. The dollar fell against the pound but gained versus the euro and the yen. Light sweet crude oil for September delivery lost 38 cents to $106.56 a barrel on the New York Mercantile Exchange. Gold futures dropped $8.10 to $1,302.40 an ounce. The Dow Jones industrial average fell 46.23, or 0.30 percent, to 15,612.13. The broader Standard & Poor\'s 500 index lost 2.53, or 0.15 percent, to 1,707.14. The technology-heavy Nasdaq composite index added 3.36, or 0.09 percent, to 3,692.95.  

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