New York (dow Jones)--on Tuesday the U.S. stock market rise, the dow Jones industrial average dropped after winning a four-day rose after, private industry in service industry provides the pressure gauge than expected better appearance.
The institute for supply management's manufacturing index rose to 53.7 in May, from 53.5 in April.

The Dow Jones Industrial AverageDJIA -0.06%  climbed 17.41 points to 12,118.87.

The S&P 500 Index SPX +0.12%  added 4.77 points to 1,282.95, with financials leading the gains among its 10 industry groups.

The Nasdaq Composite COMP +0.04% rose 12.41 points to 2,772.42.

Finance ministers and officials from the Group of Seven industrialized powers conferred by phone on the situation in the euro zone. The G-7 teleconference came ahead of a European Central Bank policy meeting set for Wednesday.

Europe’s debt crisis “appears to be spreading beyond Greece to Spain and possibly Italy,” noted Fred Dickson, chief investment strategist at Davidson Cos.

For every stock falling nearly three rose on the New York Stock Exchange, where 144 million shares traded as of 10:40 a.m. Eastern. 



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