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The most active gold contract for August delivery fell 1.3 dollars, or 0.10 percent, to settle at 1,334.7 dollars per ounce. Market analysts say that market participants are locking in some profits following Monday’s surge, which pressures gold trading on the day. U.S. stocks closed mixed on Tuesday with the Dow Jones Industrial Average refreshing all-time high and the S&P 500 failing to cross the psychologically important level of 1,700 points, as investors still fretted over the ongoing corporate earnings. replica handbags The blue-chip Dow gained 22.19 points, or 0.14 percent, to a record closing high of 15,567.74 points. The index briefly broke the 15,600 level to set a new all-time intraday high of 15,604.22 points before retreating. The S&P 500 moved up within a striking distance of the level of 1,700 points shortly after Wall Street opened slightly higher as DuPont posted better-than- expected quarterly earnings. However, the broader index pulled back in later trading session to end at 1, 692.39 points, falling 3.14 points, or 0.19 percent. hermes replica bags The tech-rich Nasdaq Composite Index shed 21.12 points, or 0.59 percent, to 3,579.27 points as a slew of earning reports from tech corporations such as Microsoft and Google missed market expectations. Dow component DuPont reported a profit of 1.03 billion U.S. dollars, or 1.11 dollars per share, on total sales of 10.0 billion dollars in the second quarter, lower than their year-ago levels. However, the U.S. chemical firm’s adjusted earnings of 1.28 dollars per share beat analysts’ estimate by just 1 cent. replica chanel handbags DuPont shares lost 0.09 percent to 57.12 dollars per share. Apple reported after the closing bell its earnings per share of 7.47 dollars on the revenue of 35.3 billion dollars in its fiscal third quarter of 2013. Both the earning and revenue topped market consensus. The tech giant shares rallied in after-hours trading. Moreover, the market’s momentum was further capped by a report from Bloomberg News, saying half of economists polled held the view that the Federal Reserve will start trimming its monthly bond purchases in September to 65 billion dollars from the current amount of 85 billion dollars. knockoff handbags The figure is up from 44 percent in last month’s poll. On the economic front, U.S. house price appreciation continued in May, rising 0.7 percent on a seasonally adjusted basis from the previous month, marking the sixteenth consecutive monthly price increase, according to a monthly House Price Index report released by the Federal Housing Finance Agency. U.S. manufacturing activity in the central Atlantic region declined in July, according to the most recent survey by the Federal Reserve Bank of Richmond. However, looking ahead six months, manufacturers were optimistic about business. replica gucci handbags Overseas, China’s stock market surged on Tuesday with the benchmark Shanghai Composite Index jumping nearly 2 percent as the country’s securities regulator is reportedly delaying resumption of an initial public offering, easing investors’ concerns over market liquidity. On other markets, U.S. dollar continued its downward trend against major currencies Tuesday amid low trading volumes. In late New York trading, the euro rose to 1.3234 dollars from 1.3190 dollars of the previous session and the British pound increased to 1.5391 dollars from 1.5357. The Australian dollar climbed to 0.9296 dollars from 0.9244. Oil prices rose slightly as the market awaited U.S. crude supplies data of last week, which are due on Wednesday. Inventories may have decreased for a fourth week, the longest stretch of decline since August. The market expected that American crude supplies would slip by 2.7 million barrels to 364.3 million last week, the lowest level since January. Gold futures on the COMEX division of the New York Mercantile Exchange finished lower on technical selling, marking their first decline in four sessions.

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