U.S.
stocks were little changed, after benchmark indexes climbed to records
last week, as an expansion in American service industries offset concern
over growth in China and political tensions in Ukraine.
The
S&P 500 added 0.1 percent to 1,882.27 at 12:48 p.m. in New York,
after dropping as much as 0.8 percent earlier. The Dow Jones Industrial
Average fell 1.25 points, or less than 0.1 percent, to 16,511.64. The
Nasdaq Composite Index rose 0.1 percent. Trading in S&P 500 stocks was 26 percent below the 30-day average during this time of the day.
Investors
pulled $2.66 billion last week out of exchange-traded funds that invest
in U.S. equities, data compiled by Bloomberg show. Technology-focused
ETFs saw withdrawals of $1.5 billion, the most among 12 sectors tracked
by Bloomberg. Energy and utility funds attracted the biggest inflows,
with deposits each totaling more than $400 million, the data show.
Source : Bloomberg
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