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Monday - June 17, 2013

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Pending FDA approval, trials to begin on ALung’s artificial lung

NEW YORK — Stocks were mostly unchanged on Tuesday as more budget talks were under way in Washington.

The Dow Jones industrial average traded in a narrow range of just 82 points before closing down 13.82 points at 12,951.78.

The Standard and Poor's 500 was down 2.41 points to 1,407.05.

The Nasdaq composite was down 5.51 at 2,996.69.

The S&P 500 has risen 12 percent this year.

High debt levels and slowing global growth will weigh on the economy, Gross said.

The yield on the 10-year Treasury note fell 1 basis point to 1.61 percent.

1. Obama hints Bernanke on way out
2. Pennsylvania Human Relations Commission begins discrimination mediation program
3. Investors buy modestly, await word of Fed
4. Pending FDA approval, trials to begin on ALung’s artificial lung
5. PNC to phase out free checking accounts
6. Online bargains available when the ring’s the thing
7. U.S. Acura production may be key
8. Work to clean up BP oil spill ending in 3 states
9. AT&T extends wait for to upgrade phone
10. S&P boosts outlook for long-term federal debt
11. 250-room luxury hotel to be built in Sixth Avenue building Downtown

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