Financial Times FT.com

Wall Street struggles for direction

By Kiran Stacey in New York

Published: June 23 2009 14:07 | Last updated: June 23 2009 21:37

US stocks struggled for momentum on Tuesday having crashed through several significant support levels during the previous session.

An encouraging auction of government debt helped lift stocks during the afternoon. But the markets remained subdued after disappointing news from Boeing suppressed early gains, which came on higher commodities prices and economic optimism.

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