The action was similar to Wednesday's session, although the major U.S. equity indices traded in a much tighter range. Early weakness amid continued speculation about Greece's future gave way as the day wore on. Sentiment may have gotten a boost from remarks made by Italian Prime Minister Mario Monti. In an interview broadcast on Italian television, the premier said the region might soon issue euro bonds, according to a Bloomberg report. The plan for joint eurozone debt has been put forth by some European Monetary Union members, most notably French President Francois Hollande, the newly elected socialist successor to Nicolas Sarkozy, but Germany, Europe's biggest economy, has been staunchly opposed to the idea. The Dow Jones Industrial Average gained 34 points, or 0.3%, to close at 12,529.75, after ranging as low as 12,419 earlier in the session. The S&P 500 also managed to reverse its losses, adding nearly 2 points, or 0.1%, to finish at 1320. The index has gained nearly 2% so far this week though it's still down about 8% from a four-year high reached in April. The Nasdaq closed in the red, down nearly 11 points or 0.4% at 2839.
NEW YORK (TheStreet) - Stocks pared losses in late trading to finished mixed Thursday as uncertainty about the euro zone persisted.
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