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U.S. stocks end even after earlier tumble

NEW YORK, March 26 (UPI) -- U.S. stock indexes closed about even Monday after tumbling earlier as new home U.S. sales fell to a seven-year low and oil prices rose near $63 a barrel.

The Dow Jones industrial average was down 11.94 points, or 0.1 percent, to 12,469.07. The broader Standard & Poor's 500 stock index gained 1.39, or 0.1 percent, to 1,437.50.

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On the New York Stock Exchange, 1,607 stocks advanced and 1,679 declined on volume of 2.8 billion shares traded.

The technology-heavy Nasdaq composite index rose 6.70, or 0.27 percent, to 2,455.63.

In London, the FTST 100 index fell 47.50, or 0.75 percent, to 6,291.90.

Japan's benchmark Nikkei 225 index rose 41.35, or 0.2 percent, to 17,521.96.

The 10-year U.S. Treasury note added 4/32, yielding 4.601 percent, while the 30-year bond was up 4/32, yielding 4.798 percent.

The U.S. dollar edged up to 110.07 yen from 118.06 yen late Friday in New York. The euro moved up to $1.3332 from $1.3289.

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