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>> THE NEW YORK TIMES Latest News

JUL 24, 2013 - Yahoo! News

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Wall Street dips after record highs, Apple jumps

By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks slipped on Wednesday, but the S&P 500 and Dow industrials held near record highs as weak earnings from blue-chips Caterpillar and AT&T outweighed Apple's stronger-than-expected results. The S&P 500 came within 2 points of 1,700 but has fallen short of breaking through for a fifth straight day, pointing to technical resistance. The S&P could bump against 1,700 several more times as happens with other round numbers considered psychological levels, said Darrell Cronk, regional chief investment officer at Wells Fargo Private ... Read More

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