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S&P 500 Index Pares Decline as Financial, Technolo

By Jeff Sutherland Vests

Jan. 20 (Bloomberg) -- The Standard & Poor’s 500 Index trimmed an early decline amid a rally in financial and technology shares.

The S&P 500 fell 0.1 percent to 1,312.76 at 3:16 p.m. New York time Day Dresses, after dropping as much as 0.4 percent earlier. Financial stocks rose 0.4 percent, the most among 10 S&P groups, after falling 0.7 percent earlier.

Technology stocks rose 0.1 percent as a group, helped by higher-than-forecast results from International Business Machines Corp.

To contact the editor responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net

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