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US STOCKS SNAPSHOT-Wall St loses ground after big run-up

Published 07/21/2009, 09:57 AM
Updated 07/21/2009, 10:00 AM

NEW YORK, July 21 (Reuters) - The Nasdaq turned negative on Tuesday, and the Dow and the S&P 500 stock indexes pared initial gains, as the market's recent strong run-up prompted some investors to book profits.

* The benchmark S&P 500 hit a fresh 2009 intraday high of 956.53 shortly after the open and then lost ground.

* The Dow Jones industrial average rose 50.94 points, or 0.58 percent, to 8,899.09. The Standard & Poor's 500 Index added 1.43 points, or 0.15 percent, to 952.56. The Nasdaq Composite Index shed 5.21 points, or 0.27 percent, to 1,904.08.

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