“U.S. stocks erased gains as declines in shares of energy, technology and financial companies led a retreat that wiped out an early rally triggered after the killing of Osama bin Laden.
The S&P 500 lost 0.1 percent to 1,362.29 at 12:42 p.m. in New York, erasing a 0.5 percent advance. The Dow Jones Industrial Average slipped 0.34 point, or less than 0.1 percent, to 12,810.20 after climbing as much as 65 points earlier. Both are trading near their highest levels since spring of 2008.”
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