US stocks decline amid mixed data

New York, April 6 (IANS) US stocks traded lower in the morning session on Tuesday, as investors digested a batch of mixed economic reports.

By midday, the Dow Jones Industrial Average dipped 77.79 points, or 0.44 percent, to 17,659.21, Xinhua news agency reported.

The S&P 500 lost 15.22 points, or 0.74 percent, to 2,050.91. The Nasdaq Composite Index decreased 33. 05 points, or 0.68 percent, to 4,858.74.

The US Department of Commerce announced on Tuesday that the goods and services deficit was $47.1 billion in February, up $1.2 billion from the revised January reading.

On Monday, US stocks ticked down as falling oil prices and negative economic reports weighed on Wall Street.

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