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U.S. markets flat Tuesday
NEW YORK, Stock markets were flat on Wall Street Tuesday after a housing market report said home prices in 20 U.S. cities rose 4.6 percent in May compared to April.
The S&P/Case-Shiller housing index said the month showed signs of improvement, but that the market was still moving "sideways," as only 12 of the 20 cities reported price increases in the month.
In early afternoon trading, the Dow Jones industrial average slipped 3.14 points, 0.03 percent, to 10,522.29. The S&P 500 index lost 3.63, or 0.33 percent, to 1,111.38. The Nasdaq composite index shed 14.69, or 0.64 percent, to 2,281.69.
The benchmark 10-year U.S. Treasury note fell 13/32 to yield 3.043 percent.
The euro fell to $1.2973 from Monday's $1.2994. Against the yen, the dollar rose to 87.85 yen from Monday's 86.90 yen.
In Japan, the Nikkei 225 index dropped 0.07 percent, 6.81, to 9,496.85.
In Britain, the FTSE 100 index gained 0.27 percent, 14.55, to 5,365.67.
NEW YORK, Stock markets were flat on Wall Street Tuesday after a housing market report said home prices in 20 U.S. cities rose 4.6 percent in May compared to April.
The S&P/Case-Shiller housing index said the month showed signs of improvement, but that the market was still moving "sideways," as only 12 of the 20 cities reported price increases in the month.
In early afternoon trading, the Dow Jones industrial average slipped 3.14 points, 0.03 percent, to 10,522.29. The S&P 500 index lost 3.63, or 0.33 percent, to 1,111.38. The Nasdaq composite index shed 14.69, or 0.64 percent, to 2,281.69.
The benchmark 10-year U.S. Treasury note fell 13/32 to yield 3.043 percent.
The euro fell to $1.2973 from Monday's $1.2994. Against the yen, the dollar rose to 87.85 yen from Monday's 86.90 yen.
In Japan, the Nikkei 225 index dropped 0.07 percent, 6.81, to 9,496.85.
In Britain, the FTSE 100 index gained 0.27 percent, 14.55, to 5,365.67.