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DJIA, S&P 500 Slip as NASDAQ Falls Amid Corporate Earnings

The nonchalance of Carl Icahn in his Tuesday evening CNBC interview, as he was handed and then proceeded to sip on a martini, was of no solace to investors in Wednesday’s trading session, as
Michael Teague is a staff writer for Equities.com. His previous experience includes three years as the associate editor of Los Angeles-based Al Jadid Magazine, a bi-annual review of the arts & culture of the Middle East, where he contributed many articles on the region in the form of features and book & film reviews. His educational background includes a BA in French literature from the University of California, Irvine, where he developed a startling proclivity for anything having to do with the 19th century.
Michael Teague is a staff writer for Equities.com. His previous experience includes three years as the associate editor of Los Angeles-based Al Jadid Magazine, a bi-annual review of the arts & culture of the Middle East, where he contributed many articles on the region in the form of features and book & film reviews. His educational background includes a BA in French literature from the University of California, Irvine, where he developed a startling proclivity for anything having to do with the 19th century.

The nonchalance of Carl Icahn in his Tuesday evening CNBC interview, as he was handed and then proceeded to sip on a martini, was of no solace to investors in Wednesday’s trading session, as stocks slipped across the board by the closing bell.

While the Dow and S&P ended only modestly lower, the NASDAQ was dragged further asunder by tech shares, as companies throughout the sector pared back gains from previous sessions.

Ahead of a much-anticipated earnings statement from Apple (AAPL) , economic data in the form of drastically lower housing sales for the month of March, an anemic preliminary reading on US manufacturing, and poor results from AT&T (T) and Amgen (AMGN) held the broader market back.

Results for April 23, 2014

?     Standard & Poor’s 500: -0.22 percent to 1,875.39

?     NASDAQ: -0.83 percent to 4,126.97

?     Dow Jones Industrial Average: -0.08 percent to 16,501.65

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