MARKET PULSE- Citigroup, Savient Pharmaceuticals, Mac-Gray, J&J

Tue Oct 15, 2013 10:13am EDT
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter; for the Morning News Call newsletter,

Wall Street opened little changed on Tuesday after a four-session rally on the S&P 500 as investors focused on developments in the budget talks and a batch of corporate earnings including Citigroup.

The Dow Jones industrial average fell 0.16 percent, the S&P 500 lost 0.17 percent and the Nasdaq Composite dropped 0.02 percent.

** CITIGROUP INC, $49.19, down 1 pct (9:33 a.m. ET)

The company reported a marginal fall in adjusted quarterly profit from ongoing businesses after the Federal Reserve's decision to continue its bond-buying program for longer than expected slowed trading by clients.

** SAVIENT PHARMACEUTICALS INC, $0.10, down 83 pct (9:34 a.m. ET)   Continued...