Wall St pares rally

Wall Street closed the session higher after investors retreated from earlier gains

United States stocks steadied to close near unchanged levels, as investors digested the market's recent gains following sluggish factory-orders data. 

The market pared earlier gains seen on the back of upbeat data out of Europe and China. 

The Dow Jones Industrial Average closed up 4.40 points, or 0.03 per cent, to 15,619.95 points, after being up as much as 43.35 points early in the session. 

The S&P 500 index edged up 3.72 points, or 0.21 per cent, to 1,765.36 points.

The Nasdaq Composite Index tacked on 7.82 points, or 0.20 per cent, to 3,929.87 points. 

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