Stocks end lower after weak data

 @ibtimes
on July 28 2010 4:16 PM

Stocks ended lower on Wednesday after weak durable-goods figures and a downbeat assessment of the economy from the Fed's Beige Book kept the benchmark S&P 500 trapped below its 200-day moving average.

Based on the latest available data, the Dow Jones industrial average <.DJI> fell 39.73 points, or 0.38 percent, to end at 10,497.96. The Standard & Poor's 500 Index <.SPX> was down 7.72 points, or 0.69 percent, at 1,106.12. The Nasdaq Composite Index <.IXIC> was down 23.69 points, or 1.04 percent, at 2,264.56.

(Reporting by Caroline Valetkevitch; Editing by Kenneth Barry)

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