US STOCKS SNAPSHOT-Wall St ticks lower after data

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NEW YORK | Tue Jan 5, 2010 10:20am EST

NEW YORK Jan 5 (Reuters) - U.S. stocks briefly added to losses on Tuesday after data showed a much bigger-than-expected decline in pending home sales.

The National Association of Realtors said its pending home sales index dropped 16 percent after rising for nine straight months. Economists forecast a 2 percent decline. For details, see [ID:nN0548802]

In contrast, data showed new orders at U.S. factories rose 1.1 percent in November in their third straight increase, much more than the expected. [ID:nN04215160]

The Dow Jones industrial average .DJI dropped 28.27 points, or 0.27 percent, to 10,555.69. The Standard & Poor's 500 Index .SPX gained 0.53 point, or 0.05 percent, to 1,133.52. The Nasdaq Composite Index .IXIC edged up 0.14 point, or 0.01 percent, to 2,308.56. (Editing by Jeffrey Benkoe)

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