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U.S. markets flat at the close

NEW YORK, July 27 (UPI) -- Stock markets were flat on Wall Street Tuesday after a housing-market report said home prices in 12 U.S. cities rose 4.6 percent in May compared with 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.

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By close, the Dow Jones industrial average gained 12.26 points, 0.12 percent, to 10,537.69. The S&P 500 index lost 1.17, or 0.1 percent, to 1,113.84. The Nasdaq composite index shed 8.18, or 0.36 percent, to 2,288.25.

On the New York Stock Exchange, 1,332 stocks advanced and 1,686 declined on a volume of 5.4 billion shares traded.

The benchmark 10-year U.S. treasury note fell 15/32 to yield 3.049 percent.

The euro rose to $1.2995 from Monday's $1.2994. Against the yen, the dollar rose to 87.87 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.

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