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Wall Street Ends Little Changed, Pfizer (NYSE: PFE) Tumbles
By: iStockAnalyst   Tuesday, July 28, 2009 6:38 PM

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(By Salman - iStockAnalyst Writer)US stocks finished flat on Tuesday as investors remained cautious amid mixed earnings report.

The Dow Jones Industrial Average fell 11.79 points or 0.13% to finish at 9,096.72. The S&P 500 retreated 2.56 points or 0.26% to end at 979.62. The Nasdaq Composite rose 7.62 points or 0.39% to 1,975.51.

Shares of Drugmakers finished with steep losses. Pfizer Inc. (NYSE: ) plunged 59 cents or 3.55% to $16.03.Merck & Co. (NYSE: ) tumbled 75 cents or 2.44% to $30.02.

Energy stocks finished down. Exxon Mobil (NYSE: ) lost 86 cents or 1.18% to $71.89. Chvron Corp. (NYSE: ) subtracted 51 cents or 0.74% to end at $68.34.

Shares of American Express (NYSE: ) plummeted 70 cents or 2.47% to close at $27.68. Bank of America (NYSE: ) rose 25 cents or 1.91% to $13.34. According to media reports, Bank of America Corp. (NYSE: ) is planning to reduce its 6,100-branch network by about 10 percent. Wells Fargo & Company (NYSE: ) climbed 30 cents or 1.24% to $24.52.

Boeing Co.

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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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