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U.S. markets close lower

NEW YORK, May 5 (UPI) -- U.S. markets closed close to level Tuesday, but fell slightly as a rally lost its momentum.

Standard & Poor's index closed above 900 points for the second consecutive day. On Monday, the S&P 500 broke the 900 barrier for the first time in 2009, pushing into the black for the year.

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By close Tuesday, the Dow Jones industrial average shed 16.09 points, or 0.19 percent, to 8,410.65. The S&P 500 dropped 3.44 points, 0.38 percent, to 903.80. The Nasdaq composite index lost 9.44 points, 0.54 percent, to 1,754.12.

On the New York Mercantile Exchange, 1,354 stocks advanced and 1,672 declined on a volume of 7.3 billion shares traded.

The benchmark 10-year U.S. Treasury bond fell 2/32 Tuesday to yield 3.165 percent.

The euro fell to $1.3324, compared to Monday's $1.3402. Against the Japanese yen, the dollar rose to 98.96 yen, compared to Monday's 98.93 yen.

In Tokyo, the Nikkei average gained 149.11 points to 8,977.37, up 1.69 percent.

In London, the FTSE 100 index added 93.72 points, 2.21 percent, to 4,336.94.

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