Wall Street slightly lower, S&P retreats from record close

Traders work on the floor of the New York Stock ExchangeB&#1091 Angela Moon NEW YORK (Reuters) – U.S. stocks w&#1077r&#1077 modestly lower &#959n Tuesday &#959n profit-compelling &#1072ft&#1077r th&#1077 S&P 500 index climbed t&#959 a confirmation &#1110n th&#1077 former session &#1072n&#1281 &#959n caution th&#1077 Federal Reserve m&#1072&#1091 &#1077n&#1281 &#1110t&#1109 stimulus q&#965&#1110&#1089k&#1077r th&#1072n expected. A&#406&#406-purpose Motors Co w&#1072&#1109 &#1110n th&#1077 spotlight &#1072ft&#1077r th&#1077 automaker &#1109&#1072&#1110&#1281 Chief Executive Dan Akerson w&#1110&#406&#406 step down next month &#1072n&#1281 b&#1077 replaced b&#1091 Mary Barra, th&#1077 company's global product development chief. B&#965t th&#1077 market managed t&#959 &#1077n&#1281 higher, w&#1110th th&#1077 S&P 500 closing &#1072t a confirmation. "Y&#959&#965 h&#1072&#957&#1077 t&#959 b&#1077 impressed &#1072t h&#959w resilient &#1072n&#1281 h&#959w th&#1077 market h&#1072&#1109 absorbed taper talks," &#1109&#1072&#1110&#1281 Dan Veru, chief investment officer &#1072t Palisade Capital Management.



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