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Bolsa, mercados y cotizaciones

Wall Street pares losses as Fed calls recovery firmer


    NEW YORK (Reuters) - Stocks trimmed losses on Tuesday after the Federal Reserve said the economic recovery is "on a firmer footing" and conditions in the labor market "appear to be improving gradually."

    The Dow Jones industrial average dropped 140.28 points, or 1.17 percent, to 11,852.88. The Standard & Poor's 500 Index fell 14.93 points, or 1.15 percent, to 1,281.46. The Nasdaq Composite Index shed 35.12 points, or 1.30 percent, to 2,665.85.

    Earlier in the session, the Dow and S&P fell more than 2 percent and the Nasdaq dropped 3 percent.