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Dow squeaks out 6th record high, S&P 500 falls

 
Published on Mar 13, 2013
6:16 AM
A board on the floor of the New York Stock Exchangeshows the closing number for the Do Jones industrial average, Tuesday, March 12, 2013. A tiny gain gave the Dow its eighth straight increase Tuesday, long enough to match its longest series of gains since Feb 2011. -- PHOTO: AP

NEW YORK (AFP) - US stocks closed mostly lower Tuesday in quiet trade, but the Dow squeezed out a sixth straight day of record-high closings.

The Dow Jones Industrial Average edged up 2.77 points (0.02 per cent) to 14,450.06, an all-time peak.

The broad-market S&P 500 fell 3.74 points (0.24 per cent) to 1,552.48, snapping a seven-session winning streak. The tech-rich Nasdaq Composite dropped 10.55 points (0.32 per cent) to 3,242.32.

"The record-breaking winning streak for the Dow continued, eking out a very modest gain, while technology stocks kept the other major indexes lower," Charles Schwab & Co said in a market note.

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