US stocks close mixed


16/08/2012 07:49 AST  Business Times

US stocks closed mixed Wednesday with the Dow and S&P 500 essentially flat for the second straight day as fresh data releases failed to give any clearer picture of US economic growth.

Earnings news from retailers steered much of the action, with shares in office supply chain Staples plunging 14.6 percent on its poor results and outlook.

At the closing bell, the blue-chip Dow Jones Industrial Average was down 7.36 points (0.06 percent) to 13,164.78, while the broader S&P 500-stock index added 1.60 (0.11 percent) to 1,405.53.

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