Stock Market Watch

Stocks End Near Session Lows

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Stocks ended near session lows in trading on Tuesday as the political stalemate in Washington DC continued. With the deadline to raise the borrowing limit just two days away, the possibility of a deal now looks unlikely.

The Dow Jones ended the day 0.87% lower at 15,168.01, the S&P 500 ended the day 0.71% lower at 1,698.06, and the Nasdaq ended the day 0.56% lower at 3,794.01.

All sectors in the S&P 500 except Basic Materials ended the day in red. The losses were led by Utilities, which ended the day 1.17% lower. Industrials ended the day 0.86% lower. Healthcare sector ended the day 0.78% lower. Financials finished 0.67% lower. Basic Materials sector ended the day 0.03% higher.

Among the major movers on Tuesday included Teradata Corporation (NYSE: TDC), which ended the day 18.39% lower at $42.91, Molycorp Inc. (NYSE: MCP), which ended the day 21.41% lower at $5.58, Caesars Entertainment Corp. (NASDAQ: CZR), which ended the day 11.08% lower at $19.91, Opko Health Inc. (NYSE: OPK), which ended the day 12.56% higher at $12.28, and FedEx Corporation (NYSE: FDX), which ended the day 4.08% higher at $120.08.

European markets ended mostly higher on Tuesday, with the FTSE 100 Index in London closing 0.64% higher, and the CAC 40 Index in Paris closing 0.78% higher. Asian markets also ended mostly higher overnight, with the Nikkei 225 Index in Japan closing 0.26% higher, and the Hang Seng Index in Hong Kong closing 0.51% higher.








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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.

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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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