Saturday, 7 January 2012

Summary Box: Dow posts its first loss of the year (AP)

GOING NOWHERE: Stocks barely moved for the second day in a row. Investors at first appeared worried about Europe, and stocks fell in the morning. But by afternoon they were back around break-even, with the Nasdaq posting a gain.

BY THE NUMBERS: The Dow Jones industrial average had a microscopic decline of nearly 3 points, to 12,415. The Standard & Poors 500 rose 4 points to 1,281. The Nasdaq rose 22 points to 2,670.

WHAT'S NEXT: Investors will be closely watching the Labor Department's employment data, due before markets open on Friday.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120105/ap_on_bi_ge/us_wall_street_summary_box

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