The Dow Jones Industrail Average,S&P 500 Index was down

[gnutrade.satya]

Wall Street marked its low as ground investors took a break from a four-week rally, but they remained optimistic the advance would resume as a flurry of deals suggested companies were seeing value in the market. Several business deal announcements lifted sentiment.
Stephen Massocca, managing director at Wedbush Morgan in San Francisco said: "Today's pause was much needed after such a strong rally. If we get decent news from here, we could be looking at going beyond April highs of 1,217 to 1,219 on the S&P. We are starting to see firms actually putting their money to use instead of just being on the sidelines."
The Dow Jones Industrail Average was down 48.22 points at 10,812.04. The Standard &Poor's 500 Index was down 6.51 points at 1,142.16. The NASDAQ Composite Index was down 11.45 point at 2,369.77.