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Empresas y finanzas

Nasdaq briefly turns positive, Oracle climbs


    NEW YORK (Reuters) - Stocks trimmed earlier losses on Thursday, while the Nasdaq briefly turned positive, helped by a jump in shares of Oracle after the business software maker reported results that beat forecasts.

    The financial and health-care sectors weighed on indexes, as investors took profits. Investors were also unsettled by the implications of the Federal Reserve's action to pump another $1 trillion into the financial system, and the possibility of this stirring up inflation in the long term.

    The Dow Jones industrial average was off 44.61 points, or 0.60 percent, to 7,441.97. The Standard & Poor's 500 Index slipped 2.93 points, or 0.37 percent, to 791.42. The Nasdaq Composite Index edged down 1.74 points, or 0.12 percent, at 1,489.48. Earlier, the Nasdaq turned positive for a short while and hit a session high at 1,509.06.

    (Reporting by Leah Schnurr; Editing by Jan Paschal)