U.S. stocks ended a low-volume session Wednesday with mild gains for two benchmarks, while Dell Inc.’s reduced revenue outlook and its possible implications for consumer spending helped send the Nasdaq Composite lower.
“We’ll likely continue to be in a volatile space here for awhile; we’re mostly out of earnings season, and guidance for the end of the year wasn’t real specific for most companies,” said Stuart Freeman, chief equity strategist at Wells Fargo Advisors.
Still, Freeman believes the second half of the year will prove stronger than the first for the economy, and finds positive that “gasoline prices have come down from where they were six weeks ago; it’s going to allow consumers to spend on other things.
Dow Jones Industrial Average
(DJI: ^DJI )
| Index Value: | 11,410.21 |
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| Trade Time: | 4:04PM EDT |
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| Change: |  4.28 (0.04%) |
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| Prev Close: | 11,405.93 |
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| Open: | 11,392.01 |
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| Day's Range: | 11,322.30 -11,529.67 |
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| 52wk Range: | 9,915.73 -12,928.50 |
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