Business

Wall Street dips amid lack of fresh incentives

February 06, 2013

NEW YORK, Feb 6 — US stocks opened lower on Wednesday as investors found few fresh trading incentives to keep pushing equities higher following a 1-per cent rally in the previous session that lifted the S&P 500 to five-year highs.

The Dow Jones industrial average was down 43.12 points, or 0.31 percent, at 13,936.18. The Standard & Poor's 500 Index was down 4.41 points, or 0.29 percent, at 1,506.88. The Nasdaq Composite Index was down 11.43 points, or 0.36 percent, at 3,160.15. — Reuters

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