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US stocks slip, paring strong gains on cliff deal

us stocks2NEW YORK: US stocks closed lower Thursday amid profit taking after shares rose strongly for two straight sessions driven by Congress's long-awaited deal to avert the economy-crunching fiscal cliff.


Also weighing in later trade were indications from the Federal Reserve that some of its core policy-makers favor wrapping up its bond-buying stimulus programs this year.


At the closing bell the Dow Jones Industrial Index was down 21.19 points (0.16 percent) at 13,391.36.


The broad-based S&P 500 slipped 3.06 (0.21 percent) to 1,459.36, while the Nasdaq Composite lost 11.69 points, or 0.38 percent, at 3,100.57.


Copyright AFP (Agence France-Presse), 2013


Index Closing Chg%
Arrow DJIA 17,812.19 0.11
Arrow Nasdaq 5,102.81 0.01
Arrow S&P 2,089.14 0.12
Arrow FTSE 6,277.23 0.45
Arrow DAX 10,933.99 1.43
Arrow CAC-40 4,820.28 1.41
Arrow Nikkei 19,879.81 0.23
Arrow H.Seng 22,587.63 0.35
Arrow Sensex 25,775.74 0.17

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