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MAR 21, 2014 - TheStreet

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Stocks Close Lower After S&P 500 Hits Intraday Record

NEW YORK (TheStreet) -- Benchmark U.S. stock indices closed lower Friday, as investors balanced data showcasing the strength of the economic recovery against the nervousness around a hike in rate guidance from the Federal Reserve. Volatility played a role in Friday's market action due to options expirations. The Dow Jones Industrial Average was off 0.17% to 16,302.70 while the S&P 500 was 0.30% lower at 1,866.40. Earlier, the benchmark index touched a record intraday high of 1,883.97 before slipping back. The Nasdaq slipped 0.98% to 4,276.79. Traders noted the expiry on ... Read More

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