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US Stocks Move Between Gains And Losses As Uncertainty Weighs

Posted Sep 14 2010 7:44pm
NEW YORK Coach bags (Dow Jones)--U.S. stocks were oscillating between slight gains and losses Tuesday as investors tried to decipher competing data on positive U.S. retail sales and possible weakness in Europe's biggest economy.

Earlier gains were pegged to the stronger-than-expected retail sales figures, which appeared to boost sentiment. But analysts cautioned investors were unsure about the rally and safe-haven seeking was seen in gold and Treasuries as the dollar dropped.

The Standard Coach Handbags & Poor's 500-stock index climbed 1 point to 1123, and the Nasdaq Composite rose 0.4% to 2295. The financial sector was the worst-performing sector in the S&P 500, a day after leading a rally Monday.Paul Simon, Coach Mart chief investment officer of Tactical Allocation Group, said the gains in equities along with the safe-haven trading was a break from the recent norm, but that it represents the gap between the market's two camps.

But the Coach Shoes gains were tempered as pessimists got more fuel from Europe, where a closely watched survey on expectations for Germany's economy, the biggest in the European Union, fell well short of forecasts.

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