Stocks Stage Late Rally and Finish Flat

By: Christina Rexrode, Associated Press
By: Christina Rexrode, Associated Press

New York, NY (AP) - Stocks are finishing roughly flat after a rally at the end of trading.

The Dow Jones industrial average is closing four points higher at 12,878, just shy of its best close this year. The Standard & Poor's 500 is down about a point at 1,350. The Nasdaq composite is up a fraction of a point at 2,932.

The Dow had been down as much as 87 points, but a report suggesting progress toward a deal on Greek debt appeared to send the market higher in the last half-hour.

Volume was light at about 3.8 billion shares on the New York Stock Exchange. Declining stocks outnumbered advancing stocks by about 2-to-1.

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  • by Anonymous on Feb 15, 2012 at 05:10 AM
    Smartest brains in the world running the two most powerful currencies (excluding gold and silver of course) and The federal reserve created the housing bubble even though Ron Paul repeatedly warned them. Now despite everything their little keynesian minds can conger up the euro zone is slipping back into a recession and the us is treading water.....for now. Government cartels never work despite their best intentions.
  • by Anonymous on Feb 15, 2012 at 04:32 AM
    End of the petro dollar is bad..... don't blame the Republicans either Gerry. Study the Fed
  • by Ludwig von Mises on Feb 14, 2012 at 04:44 PM
    Austrian vs Keynesian? Austrians predicted exactly why and how we got here.....Keynesians are wondering why all the money printing and low interest rate are hardly working......I know the next time will be much worse.
  • by Gerry sr on Feb 14, 2012 at 04:37 PM
    China looking to remove dollar as world currency and already working on agreements to bypass dollar.....what then Gerry if we cannot off shore our inflation?
  • by Gerry Location: Tallahassee on Feb 14, 2012 at 03:32 PM
    As of 18:00 ET, Feb 14, the US borrows for 10 years at 1.94%. Total US national debt on 2/13/12 = $15.355 trillion. On 1/20/09 = $10.627 trillion. On 1/20/01 = $5.728 trillion. Increase in total national debt during Obama's administration = $4.728 trillion. During George W. Bush's administration = $4.899 trillion. Source for debt info =
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