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Wall St dips at open after run-up
September 17, 2012 / 1:37 PM / 5 years ago

Wall St dips at open after run-up

NEW YORK (Reuters) - U.S. stocks edged lower on Monday after the best two weeks for the S&P 500 in three months left the index at its highest level in nearly five years, with investors turning their attention to the economy and instability in the Middle East.

A trader walks past a phone hanging off the hook on the floor of the New York Stock Exchange September 27, 2011. REUTERS/Brendan McDermid

The Dow Jones industrial average dropped 16.81 points, or 0.12 percent, to 13,576.56. The Standard & Poor’s 500 Index shed 2.45 points, or 0.17 percent, to 1,463.32. The Nasdaq Composite Index lost 4.30 points, or 0.14 percent, to 3,179.65. (Reporting by Chuck Mikolajczak; Editing by Chizu Nomiyama)

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