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28 Jan 2014
Wall Street says enough and the pullback takes a pause
FXstreet.com (San Francisco) - The US Stocks market advanced on Tuesday as investors' confidence was fueled by better than expected earnings reports and the return of risk appetite.
The Dow rose after a 5-day decline while the Nasdaq posted gains despite the Apple collapse amid weaker than expected iPhone sales.
The S&P 500 advanced 10.94 points or 0.61% to 1,792.50; the DJIA rose 90.68 pts or 0.57% to finish the day at 15,928.56; and the Nasdaq Composite added 14.35 pts or 0.35% to close the session at 4,097.96.
The Dow rose after a 5-day decline while the Nasdaq posted gains despite the Apple collapse amid weaker than expected iPhone sales.
The S&P 500 advanced 10.94 points or 0.61% to 1,792.50; the DJIA rose 90.68 pts or 0.57% to finish the day at 15,928.56; and the Nasdaq Composite added 14.35 pts or 0.35% to close the session at 4,097.96.