Uncertainty ahead as US stocks slip slightly

Wall Street withstood a spate of profit-taking today, with stocks suffering only modest losses as investors locked in gains from last week’s rally.

Uncertainty ahead as US stocks slip slightly

Wall Street withstood a spate of profit-taking today, with stocks suffering only modest losses as investors locked in gains from last week’s rally. The major indexes finished July mixed.

The markets now head into August with chronic uncertainties about the economy, interest rates and oil prices. The latter rose sharply on word of new attacks in Israel and Lebanon, along with a United Nations ultimatum on Iran’s nuclear programme.

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