U.S. Stocks Flat After Mixed Economic Data
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Updated: 5:51 PM Feb 2, 2012
U.S. Stocks Flat After Mixed Economic Data
The Dow Jones industrial average traded in a narrow range all day, between a gain of 25 points and a loss of 40. It closed down 11 points at 12,705.
Posted: 4:19 PM Feb 2, 2012
Reporter: Associated Press
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New York, NY (AP) - A whole day of trading, and stocks barely budged.

The Dow Jones industrial average traded in a narrow range all day, between a gain of 25 points and a loss of 40. It closed down 11 points at 12,705. That's a decline of less than a tenth of a percent.

The broader Standard & Poor's 500 index rose one point to 1,326. The Nasdaq composite rose 11 points to 2,860.

Stocks in most industries rose, although slightly.

Discount stores Target and Costco had strong January sales and their stocks rose. Abercrombie & Fitch dropped 14 percent because it said higher markdowns and cotton costs will hurt fourth-quarter profits and revenue.

Bond prices didn't move much either. The yield inched down to 1.82 percent from 1.83 percent Wednesday.

Latest Comments

Posted by: yep on Feb 3, 2012 at 06:15 PM

and he's sucked every day he's been there.
Posted by: Gerry on Feb 3, 2012 at 05:25 PM

By Monday at noon, Obama will have been Prez for 1112 days, for 3.04 years. By all means, stop posting, except you love having me beat you down.
Posted by: Gerry's Psychiatrist on Feb 3, 2012 at 04:49 PM

That's the way Gerry has been taught to shout people down. I suggested on another post to just stop talking to that idiot. He is an antagonist. He nit picks details just as you suggested in order to discredit a legitimate premise. Really...Look at that POS response on "Gerry on Feb 3, 2012 at 10:10 AM"...worthless garbage!
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