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S&P Dow Jones Indices said the change won't disrupt the level of the industrial average. It said it made the change to diversify the sector and industry group representation of the index. Hewlett-Packard fell 9 cents, or 0.4 percent, to $22.27. Alcoa was roughly flat and Bank of America rose 13 cents, or almost 1 percent, to $14.61. Visa rose $6.04, or 3.4 percent, to $184.50; Nike rose $1.42, or 2.2 percent, to $66.82, and Goldman Sachs rose $5.65, or 3.5 percent, to $165.14. In other notable moves: Apple dropped $11.53, or 2.3 percent, to $494.60 after investors were underwhelmed by its new iPhone lineup. Microsoft rose 73 cents, or 2.3 percent, to $32.39 on rumors about who might be its next CEO when Steve Ballmer retires next year. Urban Outfitters fell $4.36, or 10 percent, to $38.35 after saying its third-quarter sales increases are weaker than earlier in the year. Traders sold safe-play assets as the threat of a strike on Syria faded. Gold fell $22.70, or 1.9 percent, to $1,364 an ounce, and the yield on the benchmark 10-year Treasury note rose to 2.97 percent from 2.91 percent. The dollar strengthened to 100.33 Japanese yen, and fell slightly against the euro.
[Associated
Press;
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