New York, NY (AP) - Stocks are ending the day mixed after President
Barack Obama said he was willing to compromise with Republicans on
extending Bush-era tax cuts.
In a speech, Obama said he was willing cede ground to help
lawmakers reach an agreement that would extend the tax cuts along
with unemployment benefits.
According to preliminary calculations, the Dow Jones industrial
average is down 20, or 0.2 percent, at 11,362. The S&P 500 index is
down 1, or 0.1 percent, at 1,223.
The Nasdaq composite index is up 3, or 0.1 percent, at 2,594.
Rising shares and falling ones were almost evenly matched on the
New York Stock Exchange. Trading volume was 804 million shares.
(Copyright 2010 by The Associated Press. All Rights Reserved.)