New York, NY (AP) - U.S. stocks are closing mixed after trading in a narrow range for most of the day. Investors are awaiting news from Europe later this week.
The European Central Bank will make an announcement on interest
rates Thursday. Traders hope the ECB will signal its willingness to
step in and help shore up heavily indebted European nations.
European leaders will wrap up a summit on Friday at which they
will discuss closer coordination of their budgets.
The Dow closed up 46 points, or 0.4 percent, at 12,196. The S&P
500 closed up 3, or 0.2 percent, at 1,261. The Nasdaq closed down a
fraction of a point at 2,649.
Advancing stocks narrowly outnumbered declining stocks on the
New York Stock Exchange. Trading volume was below average at 4.1
(Copyright 2011 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.