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Wall Street ends slightly down, S&P positive for 7th week

S&P 500 index in last Friday in the later fall in a faint began after sales report, wal-mart falling, although index barely extend its seven straight weekly income.
The stock market has not changed much, meeting, and investors find several reasons made a big bet on Wall Street stock market rebound expansion, but low in the afternoon of action.
Wal-mart (WMT. N) fell 2.1%, to $69.30 bloomberg news reported monthly sales downturn, reason is the company's internal email. The company's share price declines the biggest, and standard &poor's retail stocks index. SPXRT dropped 0.5%.
"When the scale of the retailer, the bad news came out, the entire market can fall off, especially on a Friday afternoon," said mike, shea butter, traders in New York direct access to partners. "However, I do not worry, it is said that any large macroscopic problems and retail."
Stocks have been trying to direction, the main point in the past few trading days only slightly. S&P is more than 0.2%, this week's move did not end a session.
The index, year-on-year growth of 6.6%, this year so far, is facing strong technical resistance level near the 1525 level. But investors expect the index in the quarter further, held a lock in a profit.
Luschini, "mark said:" there is any news show that pillar of the stock is not appropriate, we may get ahead, but also have the bad news, Jenny Montgomery Scott in Philadelphia's chief investment strategist.
Many investors began to look to the future, Washington debate, seal, automatic span board cut costs place, a bigger part of the congressional budget struggle. The job cuts is due to March 1 kick, unless congress agreed to replace.
"This is far from enough to not has become an obstacle to the stock, but it will start to move to the forefront of, and cause people to take in a bit of a prejudice eyes towards the market," said Luschini, who helped supervision about $54 billion of assets.
The dow Jones industrial average index rose 11.27 points, or 0.08%, to 13984.66 points. Standard &poor's 500 index SPX up 0.32, or 0.02%, to 1521.70 point. The Nasdaq composite stock index. IXIC fell 0.21%, in 3192.03.
The index this week accumulated, the dow and the nasdaq composite index fell 0.1%, and S&P is up 0.1%, the continuous rise in the seventh week, during the index rose 8.4%. In the December 2010 and January 2011 for the last seven weeks of operation.
The federal reserve bank of New York, said in New York state manufacturing expansion for seven months rose for the first time, and townsend Reuters/Michigan consumer confidence index preliminary reading university last month, better than expected.
But, the United States manufacturing in January after one month before the rise.
Gains on Wall Street in 2013 so far, has largely be strong enterprise profit, and data display some weak economic conditions.
In a surge of merger and acquisition activities, more than $15.8 billion announced that, so far, in 2013, the stock market trading further support, because it says, health valuation and the economic outlook bet.
Herbalife (HLF. N) share price cut increase earlier, rose 1.2% to $38.74. On Thursday night, billionaire investor Karl Icahn (Carl Icahn) in a submitted to the regulatory documents said he now has 13% of the company, and ready to put it in the game.
MeadWestvaco company (MWV. N) growth 12.5% $35.65, the largest number of winners, multiples on S&P index, radical investors nelson pelle, trillian fund management LP said, its packaging company to buy about 160 million shares.
Burger King (Burger King) global (BKW. N)'s stock rose 4.7%, more than the expected, the fourth quarter profit rose 94%, due to add new menu, $17.36.
Oil service stocks falling, down 5.1% of the shares transatlantic (RIG. N) $56.26 after balance, drill the contractor report its fleet update and Deutsche Bank, Deutsche Bank) cut to the stock rating to "sell". PHLX oil service department. OSX fell 1.5%.
Only a little bit more stocks fall than rise, and about 50% of the nasdaq shares closed lower on the New York stock exchange. About 6.69 billion shares changed hands, and so far this year is higher than a day on average about 648 million shares on the New York stock exchange, nasdaq and the New York stock exchange (NYSE) MKT.



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