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Stocks slip to break six-day winning streak

Stocks slip to break six-day winning streak

U.S. stocks have edged lower, breaking a six-day advance as reports on home prices and consumer confidence did little to excite buyers.
Major indexes had risen modestly in the early going Tuesday but slipped as the dollar strengthened and tugged on commodities prices. A stronger dollar makes commodities more expensive for foreign buyers. That hit energy and materials stocks.
The Dow Jones industrial average is down 2 at 10,545. The Standard & Poor's 500 index is down 2 at 1,126. The Nasdaq composite index is down 3 at 2,288.
Falling stocks narrowly outpaced those that rose on the New York Stock Exchange. Volume came to a light 634.6 million shares.


Updated : 2021-06-14 17:15 GMT+08:00