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U.S. markets close lower Tuesday

September 29, 2009

U.S. markets closed lower Tuesday as a closely watched index of home prices showed mixed results.

The S&P/Case-Shiller Home Price Index showed the 10-City and 20-City composite listings, while still negative, have improved for six months.

By close, the Dow Jones industrial average lost 47.16 points, 0.48 percent, to 9,742.20. The Standard & Poor’s 500 shed 2.37 points, 0.22 percent, to 1,060.61. The Nasdaq composite index lost 6.70 points, 0.31 percent, to 2,124.04.

On the New York Stock Exchange, 1,435 stocks advanced and 1,555 declined on a volume of 4.9 billion shares traded.

The benchmark 10-year Treasury lost 6/32 to yield 3.298 percent.

The euro fell to $1.4574 from Monday’s $1.4606. Against the yen, the dollar rose to 90.18 yen from Monday’s 89.63 yen.

The Nikkei 225 in Tokyo added 90.68 points, 0.91 percent, to 10,100.20.

The FTSE 100 index in London lost 0.12 percent, 5.98 points, to 5,159.72.


Source: upi



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