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VOL. 36 | NO. 20 | Friday, May 18, 2012
National Business
Stocks end mixed after Greek worries resurface
NEW YORK (AP) — Stocks are closing mixed after news out of Greece yanked indexes lower shortly before the closing bell.
The Dow Jones industrial average dropped 2 points Tuesday to close at 12,503.
Markets were higher for most of the day after the National Association of Realtors said Americans bought more houses in April.
But a half-hour before the close, news that Greece's former prime minister said the country was considering dropping the euro sent markets lower.
The Nasdaq dropped 8 points to 2,839. The Standard & Poor's 500 inched up less than a point to 1,317. It was up 12 points earlier.
Rising stocks outpaced falling ones by a small margin on the New York Stock Exchange. Trading volume was higher than average at 4.1 billion.