Business Standard

S&P 500 closes down on Cyprus, Dow ends flat

Image

Reuters NEW YORK

NEW YORK (Reuters) - The S&P 500 fell for a third day on Tuesday, but pared losses late in the day after lawmakers in Cyprus rejected a proposed tax on bank deposits.

The Dow Jones industrial average inched up 3.84 points, or 0.03 percent, to end unofficially at 14,455.90. The Standard & Poor's 500 Index dipped 3.75 points, or 0.24 percent, to finish unofficially at 1,548.35. The Nasdaq Composite Index fell 8.50 points, or 0.26 percent, to close unofficially at 3,229.10.

(Reporting by Ryan Vlastelica; Editing by Jan Paschal)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 20 2013 | 1:42 AM IST

Explore News