Stocks End Flat as Obama Prepares to Sign Tax Bill

By: Associated Press
By: Associated Press

New York, NY (AP) - Stocks closed the day flat as investors shrugged
off signs the economy is on the mend and President Barack Obama
prepared to sign a tax-cut bill into law.

The Conference Board said its index of leading economic
indicators rose 1.1 percent in November, the fastest pace since
March.

According to early calculations, the Dow Jones industrial
average was down 7 points, or 0.06 percent, to close at 11,491.

The S&P 500 eked out a new 2010 high. It was up 1, or 0.08
percent, to close at 1,243. The Nasdaq composite was up 5.6, or 0.2
percent, to 2,642.

Rising shares barely outpaced falling ones on the New York Stock
Exchange. Volume was 2 billion shares.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


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