Market Wrap for Tuesday, July 2: Stocks Close Near Unchanged Mark in Quiet Session
July 02, 2013 at 16:33 PM EDT
The U.S. stock market recorded small losses on Tuesday after Goldman Sachs cut its growth forecast for second-quarter GDP by one-tenth to 1.7 percent. The market also encountered some profit taking after a series of rallies in recent days. Although the Dow Jones Industrial Average fell 42 points, the broader