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Dow Jones sheds 32 points while Nasdaq, S&P edge up

The Dow industrials fell Tuesday, pressured by concerns ahead of quarterly reports on earnings and outlooks, though paring some of their losses by the close as traders mulled Spain’s prospects for a bailout request and credit-rating downgrade.

The Nasdaq eked out a modest gain, its first in three sessions.

“If you’re a bull, you have to like how the market has sustained its advance with little pullback,” said Brian Greenberg, owner of wealth management firm Brian Greenberg & Associates. “If you’re a bear, you like how the market can’t exceed the 2007 highs.”

The Dow Jones industrial average shed 32.75 points, or 0.2 percent, to close at 13,482.36.

The S&P 500 index edged up 1.26 points, or 0.1 percent, to 1,445.75.

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Maine’s heating oil prices rise to an average of $3.68

Heating oil prices are going up in Maine.

In a survey of oil dealers around the state, the Governor’s Energy Office said Tuesday the average cash price for home heating oil was $3.68 a gallon, up 9 cents from the previous survey in August and 18 cents from the same week a year ago.

The lowest prices were in southern Maine, and the highest were in northern Maine.

Crude oil has escalated over the summer months.

— From news service reports

 

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