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U.S. stocks open mostly lower as investors digest fresh economic data on home prices, trade deficit

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U.S. stocks opened mostly lower Tuesday, as investors digested fresh economic data on the trade deficit and home prices. The Dow Jones Industrial Average was up less than 0.1% soon after the opening bell:

U.S. stocks opened mostly lower Tuesday, as investors digested fresh economic data on the trade deficit and home prices. The Dow Jones Industrial Average DJIA, +0.12% was up less than 0.1% soon after the opening bell, while the S&P 500 SPX, -0.20% fell 0.2% and the Nasdaq Composite COMP, -0.60% shed 0.2%, according to FactSet data, at last check. The U.S.

trade deficit in goods rose slightly in February while inventories rebounded, according to a Census Bureau report Tuesday, potentially adding strength to gross domestic product in the first quarter. In other U.S. economic data released Tuesday, the S&P CoreLogic Case-Shiller 20-city house price index fell in January. Later this morning, Federal Reserve Gov. Michael Barr, who is vice chair for supervision, will testify on banks before the U.S.

 

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