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Wall Street loses early gains and closes barely positive

FXStreet (San Francisco) - US stocks market loses almost all early gains but closed relatively positive as investors digested earnings from banking sector but are concerned about global growth.

Nasdaq and S&P finished the day with gain after awful three days while the Dow extended decline to 2-month lows around 16,276 and now it is 1% down in the year. Crude settled below $82 after reaching lows since 2012 at $81.30 while the Gold traded in consolidation at around $1,235.

The Dow Jones declined 5.88 pts or 0.04% to 16,315.19; while the S&P 500 won 2.96 pts or 0.16% to finish at 1,877.70 and the Nasdaq Composite advanced 13.2 pts or 0.32% to 4,227.17.

USD/JPY bears seeking out a test of 106.57?

USD/JPY is trading at 106.95, up 0.12% on the day, having posted a daily high at 107.32 and low at 106.67.
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