Wall St dips after rally; indexes set for quarterly gain

March 31, 2015 1:12 PM

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Wall St dips after rally; indexes set for quarterly gain

NEW YORK (Reuters) - U.S. stocks fell on Tuesday in a modest retreat from the previous session's sharp rally, but major indexes remained on track for a positive first quarter and the S&P 500 was set for its ninth straight quarterly rise.

Energy shares were in focus as crude oil fell 1.4 percent to $48 per barrel, sending the S&P Energy index down 0.6 percent as one of the weakest industry groups of the day. Exxon Mobil Corp fell 0.7 percent to $85.06.

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