Tuesday, May 19, 2009

Choppy Trading Session on Tuesday

Major indices ended mixed after a choppy trading session on Tuesday. The Dow Jones Industrial Average plunged 29 points today, giving back some of the 235 point gain of Monday. The Nasdaq ended the session with a gain of 2 points to 1,734 -- and the S&P 500 dipped by 1 point to 908.
Housing starts dropped by 13 percent, a record low -- the majority of the decline being in the multifamily home category.

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