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Stocks lose ground after WHO comments



    NEW YORK (Reuters) - The S&P 500 and Nasdaq briefly turned lower on Monday, and the Dow Jones industrial average pared gains, after the World Health Organization (WHO) commented on the swine flu outbreak.

    In Geneva, a WHO emergency committee could raise its pandemic alert level to phase 4 or 5 as a deadly swine flu outbreak shows no signs of slowing, a spokesman said.

    He also confirmed 40 swine flu cases now in the United States, 26 in Mexico, six in Canada and one in Spain.

    The Dow Jones industrial average was up 21.27 points, or 0.26 percent, at 8,097.56. The Standard & Poor's 500 Index rose 0.16 points, or 0.02 percent, at 866.39. The Nasdaq Composite Index added 1.60 points, or 0.09 percent, at 1,695.89.

    (Reporting by Ellis Mnyandu; editing by Jeffrey Benkoe)