Mixed Session

Indices ended mixed on Wednesday. Brands such as Boeing, Cisco, AT&T and Caterpillar led advancers on the Dow. The S&P 500 and Nasdaq closed slightly lower. Market moves were mixed on a variety of economic news. New home sales dipped in June. The Commerce Department said sales of new single-family homes declined 8.4% to 350,000 annualized units. The May figure was upwardly revised to 382,000, the highest level since April 2010. Meanwhile, crude oil added 47 cents to settle at $88.97 a barrel after Energy Department figures showed greater domestic oil inventories than anticipated. Looking ahead, Facebook is set to release quarterly data tomorrow for the first time since going public.

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