Car sales fell in May and economic data that was released Wednesday gave no apparent impetus to investors on Wall Street. ISM for manufacturing rose from 50.8 to 51.3 while PMI for manufacturing fell from 50.8 to 50.7.
Construction spending, which is an expression of construction activity in the US fell by 1.8 percent in April from a rise of 1.5 percent in March. Over the last year it increased by 4.5 pronsent but annual rate in March was 8 percent.
The Dow Jones ended up marginal 0.01 percent to 17,789.67 while the S & amp; P 500 rose 0.11 percent to 2099.33. Nasdaq rose a modest 0.08 percent to 4,958.25.
For each share that fell there were approximately two shares that rose.
On the NYSE were only three of the ten most traded shares fell. Alibaba was most traded and fell 6.5 posent after it became known that Softbank will disinvest from the company and pouring out shares for $ 7.9 billion.
Large Owner Yahoo came in the undertow and ended down 3.4 percent on Nasdaq, where only two of the ten most traded shares rose.
GM fell according to MarketWatch on lower car sales in May and statements that the automotive industry will change more over the next five years than it has done the last 50 years.
Valeant rebounded slightly closing with a rise of 4.7 percent and Allergan rose 2.8 percent after the activist investor Carl Icahn disclosed that he had bought many shares in the company .
Brent was shot at a standstill ahead of the OPEC meeting Thursday while light crude also ended at about the same level as Tuesday, just under $ 49.
the gold price fell $ 2.8 to 1214 , $ 7.
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