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Empresas y finanzas

Stocks pare gains after home sales data


    NEW YORK (Reuters) - U.S. stocks slightly pared gains on Monday after data showed sales of used homes fell more than expected month over month in December.

    The Dow Jones industrial average gained 35.60 points, or 0.35 percent, to 10,208.58. The Standard & Poor's 500 Index added 5.24 points, or 0.48 percent, to 1,097.00. The Nasdaq Composite Index rose 8.13 points, or 0.37 percent, to 2,213.42.

    U.S. existing home sales fell 16.7 percent in December to a 5.45 million units annual rate, data from the National Association of Realtors showed.

    Stocks rose after the open as doubts over U.S. Federal Reserve chairman Ben Bernanke's second-term confirmation waned, relieving the market of an element of uncertainty that contributed to recent declines.