Dow Jones & S&P 500 which ended the day on little change

[gnutrade.satya]

IT was a moderate day for the US stocks like Dow Jones & S&P 500 which ended the day on little change when promising data from the retail sector fed recent optimism that the economic recovery, while slow, is proceeding. Retailers were a bright spot yesterday when a data showed that the US retail sales rose in August for their largest gain in five months.
Stephen Massocca, managing director at Wedbush Morgan in San Francisco said: "We went through the 200-day yesterday, stayed above it today. It's only natural that we consolidate here a little bit, but if we punch through here, we will see 1,200."
The Dow Jones Industrail Average dropped 17.64 points to 10,526.49. The S&P 500 shed 0.80 points to 1,121.10. The NASDAQ gained 4.06 points to 2,289.77.