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Wall Street fluctuate in closing on companies declines

February 13, 2014



U.S shares fluctuated after opening in green and the biggest four-day jump in a year for the Standard & Poor's 500 Index, as declines in companies from Procter & Gamble Co. to Amazon.com Inc. (AMZN) overshadowed optimism about economic growth. However earlier today optimism was spread after China had that nation`s exports expanding 10.6 percent in January from the year-earlier period, which boosted hopes of a better global economic conjuncture since it's the second world's leading economy. Accordingly: -The S&P 500 Index shed 0.03% to 1819.26 after rising for the fifth straight session -The Dow Jones Industrial Average shed 0.07% to 15963.94 -The NASDAQ Composite rose 0.24% to 4201.29 .  As of 16:15 p.m. ET Now Procter & Gamble lost 1.7 percent after the world's largest consumer-products maker cut its forecasts for profit and sales growth. Amazon.com slid 3.5 percent after UBS AG lowered the online retailer's rating. Not forgetting that Federal Reserve Chief Janet Yellen said Tuesday the U.S. labor market needs more work to be restored to full health, and also pledged to maintain her predecessor's policies to ensure the recovery to full employment and stable prices


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Source: ICN.com Financial Markets


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