Business | Tuesday August 28, 2012
The S&P 500 lost 4.96 points to close at 1,413.17, with bank stocks the only group to record a gain. Earlier in the day, the S&P climbed to 1,426, its highest since May 19, 2008. Clark Yingst, chief market analyst at the securities firm Joseph Gunnar, said he thought traders were swayed by reports that the ECB may buy bonds to bring down the borrow...
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