Dow Ends Slightly Up On Mixed Day
Wall Street ends the day mixed.
Economic data showed U.S. consumers turned more upbeat about the economy at the end of February. In addition, sales of new homes fell in January, but managed to beat expectations.
In corporate news,
American International Group rose 1.5%. The insurer reported a fourth-quarter operating profit that was well above estimates.
Salesforce.com rallied 8.9% after the business-software maker reported fiscal fourth-quarter earnings and revenue that exceeded forecasts and lifted its full-year revenue outlook.
Clearwire fell 6.8% after Google said it would sell its entire stake in the wholesale mobile broadband provider at a loss of about $450 million.
Crude oil rose for the seventh-straight day, settling at $109.77 a barrel on the New York Mercantile Exchange.
Gold closed at $1,776 an ounce