U.S. Stocks Slip in Light Trading

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U.S. stocks gave back some of their year-end gains Wednesday amid light volume due to continued weakness in the dollar and before the release of U.S. oil inventory data.


The Dow Jones industrial average was down 22.54 points, or 0.21 percent, at 10,832.00. The Standard & Poor’s 500 Index was down 1.58 points, or 0.13 percent, at 1,211.96. And the Nasdaq Composite Index was down 1.77 points, or 0.08 percent, at 2,175.42.


The dollar fell to its fifth straight record low against the euro and commodity traders awaited the Energy Department’s petroleum inventory report. A barrel of light crude was quoted at $42.25, up 48 cents, on the New York Mercantile Exchange.


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