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S&P 500 Fluctuates as Investors Weigh Crises, Jobs Data
[Bloomberg] - The Standard & Poor's 500 Index fluctuated, after erasing an earlier decline, as concerns over Argentina and Portugal were offset by data that signaled the Federal Reserve may have leeway to keep rates low. Procter & Gamble Co. increased 3.6 percent as profit topped estimates amid cost reductions. JPMorgan Chase & Co. and Morgan Stanley slumped more than 1.8 percent as banks tumbled after a ruling that Argentina's default will trigger settlement of $1 billion of credit-default swaps. The S&P 500 fell 0.1 percent to 1,928.75 at 2:30 p.m. in New York, after tumbling 0.7 percent earlier in the day.
http://us.rd.yahoo.com/finance/news...ws/p-500-erases-loss-investors-181817004.html
[Bloomberg] - The Standard & Poor's 500 Index fluctuated, after erasing an earlier decline, as concerns over Argentina and Portugal were offset by data that signaled the Federal Reserve may have leeway to keep rates low. Procter & Gamble Co. increased 3.6 percent as profit topped estimates amid cost reductions. JPMorgan Chase & Co. and Morgan Stanley slumped more than 1.8 percent as banks tumbled after a ruling that Argentina's default will trigger settlement of $1 billion of credit-default swaps. The S&P 500 fell 0.1 percent to 1,928.75 at 2:30 p.m. in New York, after tumbling 0.7 percent earlier in the day.
http://us.rd.yahoo.com/finance/news...ws/p-500-erases-loss-investors-181817004.html
