Updated from 4:14 p.m. EST
Stocks were volatile in a low-volume session Friday and ultimately closed flat as weak housing data ran up against positive headlines out of the financial sector.
After spending time in both positive and negative territory, the Dow Jones Industrial Average rose 6.26 points, or 0.05%, to 13,365.87. The S&P 500 tacked on 2.12 points, or 0.14%, to 1478.49, and the Nasdaq Composite slipped 2.33 points, or 0.09%, to 2674.46, pressured by a loss of 2.5% in Sirius Satellite Radio (SIRI Quote).
The major averages saw early gains evaporate and went under water following a miserable read on new home sales for November. The Census Bureau said that sales plummeted 9% last month to 647,000 annualized units. Making things worse was news that new-homes inventory rose to 9.3 months. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.50 | 2,138.44 | 32.18 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.13
|
DOWN
37.61
|
DOWN
0.61
|
10 Yr
3.22%
SPDR Gold
115.28
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.86%
|
Data delayed 20 minutes |
Connect with TheStreet