U.S.
stocks fell, after an earlier rally sent the Standard & Poor��s 500
Index above its closing record, as concern about escalating tension in
Ukraine overshadowed data showing payrolls rose the most in two years.
The
S&P 500 slipped 0.1 percent to 1,881.07 at 4 p.m. in New York,
after rallying 0.4 percent earlier to climb above its highest closing
level reached April 2. The Dow Jones Industrial Average lost 46.3
points, or 0.3 percent, to 16,512.57. The Nasdaq Composite Index was
little changed. Trading in S&P 500 stocks was 11 percent below the
30-day average at this time of day.
The
United Nations Security Council was scheduled to hold an emergency
meeting at Russia��s request. Tensions rose in Ukraine as the country
sent armored vehicles and artillery to retake Slovyansk, a stronghold
for pro-separatist forces, defying President Vladimir Putin��s demand to
pull back troops with Russia��s army massed across the border.
Source : Bloomberg
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