Wednesday May 14, 3:23 AM
US STOCKS-Dow cuts losses after Fed speaker comments
NEW YORK, May 13 (Reuters) - The Dow industrials pared
losses and the S&P 500 turned up on Tuesday as investors took
comments from Federal Reserve officials on inflation as
signaling the economy is firmer than previously thought.
The Dow Jones industrial average was down 35.82
points, or 0.28 percent, at 12,840.49. The Standard & Poor's
500 Index was up 0.26 points, or 0.02 percent, at
1,403.84. The Nasdaq Composite Index was up 6.58
points, or 0.26 percent, at 2,495.07.
(Reporting by Caroline Valetkevitch; Editing by Leslie Adler)
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