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Last updated: July 16. 2013 5:49PM - 509 Views
Associated Press



The American flag and a sign for Wall St. are shown outside the New York Stock Exchange, Monday, July 15, 2013 in New York. The stock market took a pause Monday after a scorching start to July.(AP Photo/Mark Lennihan)
The American flag and a sign for Wall St. are shown outside the New York Stock Exchange, Monday, July 15, 2013 in New York. The stock market took a pause Monday after a scorching start to July.(AP Photo/Mark Lennihan)
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(AP) Stocks are closing lower on Wall Street after the latest batch of corporate earnings failed to impress investors.


Coca-Cola fell 2 percent to $40.23, the biggest drop in the Dow Jones industrial average, after reporting a slump in soda sales in North America.


The Dow fell 32 points, or 0.2 percent, to close at 15,451 Tuesday.


The Standard & Poor's 500 fell six points, or 0.4 percent, to 1,676. The S&P rose for the previous eight days, its longest winning streak since January.


The Nasdaq composite fell nine points, or 0.3 percent, to 3,598.


Two stocks fell for every one that rose on the New York Stock Exchange. Trading volume was very light at 3 billion shares.


Associated Press
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