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US, European market indices down

08 December 2009 07:44 (UTC +04:00)

Baku- APA-Economics. US stocks pared gains in late afternoon trading and settled mixed on Monday after Federal Reserve Chairman Ben Bernankeâ€™s cautious take on economic recovery.
The Dow Jones inched up 1.21, or 0.01%, to 10,390.11. The Standard & Poorâ€™s 500 index fell 2.73, or 0.25%, to 1,103.25. The Nasdaq slid 4.74, or 0.22%, to 2,189.61. Indian ADRs end lower.

European stocks fell on Monday as lower metal prices weighed on raw-material producers, neglecting gains in Thomas Cook Group Plc and TUI Travel Plc. UKâ€™s benchmark index FTSE 100 fell 11.70 points, or 0.22%, to end at 5,310.66. French benchmark index CAC 40 declined 6.57 points, or 0.17%, to settle at 3,840.05. Germanyâ€™s benchmark index DAX decreased 32.90 points or 0.57% to close at 5,784.75.