US STOCKS-Indexes flat after housing data, oil drop

Newswire

(Updates to late morning) By Ellis Mnyandu NEW YORK, Sept 25 (Reuters) - U.S. stocks were little changed on Tuesday as a report on housing slightly exceeded Wall Street expectations and oil prices dropped, offsetting worries about consumer spending sparked by warnings from retailers. U.S. crude dropped below $80 a barrel, benefiting shares of big manufacturers such as plane maker Boeing Co. and diversified manufacturer United Technologies Corp.. But shares of retailers fell after ...

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