Stocks End Mixed as Europe Haggles Over Debt Fix

By: Associated Press
By: Associated Press

New York, NY (AP) - Stocks are closing mixed after reports that European leaders remain split over how to fend off a larger financial crisis in the region.

The Dow Jones industrial average rose 37 points, or 0.3 percent, to close at 11,542 Thursday. The S&P 500 index rose 6, or 0.5 percent, to 1,215.

The Nasdaq slipped 5, or 0.2 percent, to 2,599.

European officials are scheduled to meet this weekend to discuss ways to contain the continent's debt troubles. On Thursday, Germany and France called for a second emergency summit next week after it became clear that they would not be able to bridge their differences before the weekend.

More than three stocks rose for every two that fell on the New York Stock Exchange. Trading volume was average at 4.2 billion.

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  • by finally on Oct 20, 2011 at 03:54 PM
    CFTC finally passed a position limit to help curb excessive speculating which many blame for out of control food and energy prices. The media should be front and center on this story. The sad part is it may take a year before it has any teeth. The price of food and gas will eventually come back down in my opinion. Thank Congress and the CFTC for making progress to reign in this problem. Hopefully it will be worked out in less than a year. The eyes will be on them for sure.
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