Investors were shaken on Tuesday as mixed reports came in regarding the economic recovery. On one hand, improvements in the manufacturing sector are a positive indicator for the future of the job market, leading the Dow Jones Industrials to climb more than 150 points. On the other, a 16 percent drop in pending home sales led investors to worry things aren’t as stable as they were looking earlier in the week.
The result was sea sawing shares with major stock indexes ending mostly flat for the day. The Dow Jones industrial average slipped 11.94, or 0.1 percent, to 10,572.02. The Standard & Poor's 500 index gained 3.53, or 0.3 percent, to 1,136.52. The Nasdaq composite index tacked on 0.29, or less than 0.1 percent, to 2,308.71.
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