Via Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks edged lower after the Dow in short broke above a key degree for a second day and shares of Perfect Purchase dropped on issues about its margins. A restoration in the U.S. housing market helped Home Depot House Depot used to be up 1.1 percent at $eighty.50, assisting the Dow and the S&P 500. "Undoubtedly they’re psychological ranges, and it would have (value) for traders who’ve neglected this rally," said Bruce Zaro, chief technical strategist, Delta Global Asset Administration in Boston.
Wall Street inches lower; Dow slips after hitting 16,000
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