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1st LD Writethru: U.S. stocks end mixed after Brussels attacks

Xinhua, March 23, 2016 Adjust font size:

U.S. stocks trimmed early losses to close mixed Tuesday, as investors assessed the impacts of explosions in Brussels, Belgium, that left at least 34 people dead and hundreds more injured.

The Dow Jones Industrial Average dipped 41.30 points, or 0.23 percent, to 17,582.57. The S&P 500 edged down 1.80 points, or 0.09 percent, to 2,049.80. The Nasdaq Composite Index rose 12.79 points, or 0.27 percent, to 4,821.66.

Official data showed that at least 34 people were killed in explosions Tuesday at a Brussels airport and on a city subway train.

World leaders strongly denounced the terrorist attacks in Brussels and expressed their condolences, calling for concerted efforts to fight against global terrorism.

European equities pared early losses to end mostly higher Tuesday following the explosions. German benchmark DAX index at Frankfurt Stock Exchange rose 0.42 percent, while British benchmark FTSE 100 Index edged up 0.13 percent.

In Asia, Chinese benchmark Shanghai Composite Index snapped a seven-day winning streak to close 0.64 percent lower Tuesday, while Japanese 225-issue Nikkei Stock Average jumped 1.94 percent on the yen's retreat.

Oil volatility was also in focus Tuesday. Oil prices initially fell more than 1 percent after the explosions, then recovered most of the loss to settle mixed as market saw the crude supply glut to ease.

On the U.S. economic front, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers' Index (PMI) came in at 51.4 in March, missing the market consensus of 52.4. Endit