U.S. stocks closed mixed in volatile trading on Tuesday,Antique bath fixtures with the Dow Jones Industrial Average index managing to close in positive territory amid uncertainties in Cyprus after its parliament rejected a proposed tax on bank deposits.Auto Accessories wholesalers
blue-chip index edged up 3.76 points, or 0.03 percent, to 14,455.82.
The broader Standard & Poor's 500-stock Index shed 3.76 points,Vintage tubs or
0.24 percent, to 1,548.34. The tech-heavy Nasdaq Composite Index slid
8.49 points, or 0.26 percent, to 3,229.How efficient and environmentally
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The main stock indices opened higher, bouncing back from a two- session drop, as U.S.tyre equipments building permits in February came in better than expected and investors' fears over the Cyprus crisis eased.
However, the market began to plunge sharply around midday trading, hit by concerns about a possible default for Cyprus.
stocks rebounded gradually in the afternoon trading despite Cypriot
lawmakers rejected the plan to levy on bank deposits which was the terms
of a eurozone bailout deal, as investors took the dip as buying
the economic front, U.S. privately-owned housing starts in February
were at a seasonally adjusted annual rate of 917,000, which was 0.8
percent above the revised January estimate of 910, 000 and 27.7 percent
above the year-ago level, the Commerce Department said Tuesday.
building permits, an indication of future demand, rose 4.6 percent from
the prior month to a seasonally adjusted annual rate of 946,000 in
February, the Commerce Department added.
of homebuilders reacted positively to the climbing building permits
which pointed to a sustained recovery in the real estate market, with
shares of KB Home and Toll Brothers gaining 2. 99 percent and 1.14
shares slipped 0.97 percent to 45.79 U.S. dollars, one day after the
bank giant announced it had agreed, subject to court approval, to settle
a class action lawsuit brought on behalf of investors who purchased
Citigroup debt and preferred stock during the period of May 11, 2006,
through Nov. 28, 2008.
of Lululemon Athletica dipped 2.76 percent to 64.08 dollars after the
apparel producer announced that some of its black luon pants fell short
of expected quality standards and it had pulled them from its floors and
market has been also eyeing the ongoing Federal Open Market Committee
meeting. In light of the Cyprus crisis and a volatile global recovery,
Federal Reserve Chairman Ben Bernanke is expected to continue to offer
his support for massive asset purchases.