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U.S. stocks end mostly higher

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U.S. stocks closed mostly higher Tuesday as investors weighed mixed company news and an unexpected slump in home builder confidence.

At the closing bell, the Dow Jones Industrial Average was down 24.28 points (0.15 percent) at 16,130.11.

The tech-rich Nasdaq Composite climbed 28.76 (0.68 percent) to 4,272.78 , while the S&P 500 index, a broad measure of the markets, advanced 2.10 (0.11 percent) to 1,840.73.

Shares of home builders came under pressure after the National Association of Home Builders said its sentiment index tumbled to 46 in February from 56 in January.

NAHB said unusually severe weather conditions in much of the country was largely to blame for the slump in confidence.

U.S. stocks closed mostly higher Tuesday as investors weighed mixed company news and an unexpected slump in home builder confidence.

At the closing bell, the Dow Jones Industrial Average was down 24.28 points (0.15 percent) at 16,130.11.

The tech-rich Nasdaq Composite climbed 28.76 (0.68 percent) to 4,272.78 , while the S&P 500 index, a broad measure of the markets, advanced 2.10 (0.11 percent) to 1,840.73.

Shares of home builders came under pressure after the National Association of Home Builders said its sentiment index tumbled to 46 in February from 56 in January.

NAHB said unusually severe weather conditions in much of the country was largely to blame for the slump in confidence.

AFP
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With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

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