
Monexnews-the US stock market managed to recover from the low level of the session but the Dow still closed in negative area on Wednesday, as investors stopped the rally amid a lack of market catalysts and after touching S&P highest level since December 2007. The Dow and the 500 rally for S&P closed at level 5-year high in the previous session. The Dow currently is about 1% from the record high reached in October 2007. Both indexes had scored a rise that's pretty impressive so far in the year 2013, up more than 6.5% respectively. Dow Jones Industrial Average closed in the negative area, dragged down by weakening shares of McDonald 's. General Electric is a blue-chip index stocks with the best performance. S&P 500 closed up thin after briefly touching the highest level since December 2007 and the Nasdaq closed up. Financial and telecommunication sectors in S&P weakened, while the industrial sector strengthened. (xiang)
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