stocks seesaw on shaky retail sales
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Stocks seesaw on shaky retail sales

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Emiratesvoice, emirates voice Stocks seesaw on shaky retail sales

New York - UPI

U.S. stock indexes seesawed in a narrow range Wednesday following a Commerce Department report showing May was a shaky month for retailers. Retail sales receipts in the month came in 0.2 percent lower than April with a total of $404.6 billion. In afternoon trading, the Dow Jones industrial average was off 15.36 points or 0.12 percent to 12,558.44. The Nasdaq composite index dropped 4.73 points or 0.17 percent to 2,838.34. The Standard and Poor\'s 500 lost 1.83 points or 0.14 percent to 1,322.35. The benchmark 10-year treasury note rose 16/32 to yield 1.607 percent. The euro rose to $1.2597 from Tuesday\'s $1.2504. Against the yen, the dollar fell to 79.31 yen from Tuesday\'s 79.51 yen. In Tokyo, the Nikkei 225 index gained 0.6 percent, 51.12 points, to 8,587.84. In London, the FTSE 100 index added 0.18 percent, 10.07 points, to 5,483.81.

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