U.S.
stocks fluctuated, after an earlier rally that 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.Health-care stocks dropped 0.8 percent, as Merck & Co., Pfizer Inc. and Johnson & Johnson lost more than 1.3 percent. LinkedIn Corp. declined 6.4 percent after giving a quarterly sales forecast that missed analysts�� estimates. Casino stocks rallied as Macau revenue topped forecasts.
The S&P 500 rose 0.1 percent to 1,884.71 at 12:17 p.m. in New York, after rallying 0.4 percent to climb above its highest closing level reached April 2. The Dow Jones Industrial Average lost 9.85, or 0.1 percent, to 16,549.02. The Nasdaq Composite Index increased 0.2 percent. Trading in S&P 500 stocks was 7.6 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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