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S&P 500 index ends lower, ending 4-day winning streak; RadioShack slumps

NEW YORK, N.Y. – The Standard & Poor’s 500 index has ended lower after rising four days in a row.

The index fell half a point, or 0.02 per cent, to close at 1,950 on Tuesday, losing ground for just the second day this month.

The Dow Jones industrial average rose 2.82 points, or 0.02 per cent, to 16,945. The Nasdaq composite gained 1.75 points, or 0.04 per cent, to 4,338.

RadioShack fell 16 cents, or 10 per cent, to close at $1.38 after the retailer reported a deeper loss than analysts had expected. Sales also slumped.

MetLife Inc.’s stock rose 39 cents, or 0.7 per cent, to $55.05 after the insurer said Tuesday that it plans to buy its own shares for the first time in about six years.

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