NEW YORK (TheStreet) -- Many stocks made a piecemeal move to the upside Friday, but the Dow couldn't hold on to its gains after coming off session highs late in the session.
The major indices had turned firmly positive in the early afternoon, largely helped by surging financial names, which appeared relieved on news that congressional leaders finalized a deal on financial reform legislation. But a new spate of mixed data continued puzzling investors about the long-term prognosis of the economic recovery.
After bounding higher and lower throughout today's session, the Dow Jones Industrial Average ended the day on a low note, closing 9 points lower, or 0.1%, at 10,144. But the S&P 500 moved 3 points higher, or 0.3%, to 1077, and the Nasdaq added 6 points, or 0.3%, at 2223.
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