Bloomberg News

U.S. Stocks Pare Losses as Raw-Material, Industrial Shares Gain

January 12, 2012

Jan. 12 (Bloomberg) -- U.S. stocks pared losses as gains in raw-material and industrial shares helped the market recover from an earlier slump after disappointing data on jobless claims and retail sales.

The Standard & Poor’s 500 Index fell less than 0.1 percent to 1,291.95 at 12:32 p.m. New York time, after dropping as much as 0.5 percent earlier.

To contact the editor responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net


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