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Stocks in U.S. Struggle for Direction

Stock quotes in this article: AIG , KFT , LEH , LEHMQ.PK , MER , WB , WM  

Updated from 11:57 a.m. EDT

Stocks in New York were having another erratic session Thursday, starting with a rally, then taking a sharp detour southward before buyers re-emerged to lift the averages back to the flat line.

The Dow Jones Industrial Average was up 10 points to 10,620, and the S&P 500 was better by half a point at 1157. The Nasdaq was up 1 point to 2100.

On Wednesday, stocks took a severe beating following the government bailout of insurance firm AIG (AIG Quote), which reminded investors of the severity and scope of the credit crisis. Pessimism on Wall Street was ramping in the wake of the AIG bailout, a bankruptcy for Lehman Brothers (LEH Quote) and a last-minute merger between Merrill Lynch (MER Quote) and Bank of America (BAC Quote). ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,452.68 1,109.24 2,185.03 33.23
Oil *
77.73
DOWN
18.90
UP
0.38
UP
9.22
UP
0.48
10 Yr
3.32%
SPDR Gold
119.18
-0.18%
+0.03%
+0.42%
+1.47%
Data delayed 20 minutes

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