US stocks ended a quiet session yesterday essentially unchanged as investors found few reasons to keep buying following a six-day rally in the S&P 500, though merger activity lifted energy shares.
The S&P was coming off its longest streak of advances since mid-April, and it closed at a record high on Friday, along with the Dow. While
US May existing home sales rose at more than twice the rate of growth expected, while a preliminary read on June manufacturing hit its highest since
The Dow Jones industrial average fell 9.82 points or 0.06 per cent, to 16,937.26, the S&P 500 lost 0.26 points or 0.01 per cent, to 1,962.61 and the Nasdaq Composite added 0.64 points or 0.01 per cent, to 4,368.68.
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