Stocks Are Flat On Last Trading Day Of 2011

By Salon Staff
December 30, 2011 10:00PM (UTC)
main article image

NEW YORK (AP) — The stock market is set to end a tumultuous year more or less where it started.

The Dow Jones industrial average slipped 8 points, or 0.1 percent, at 12,279 at 11:40 a.m. Friday. The S&P 500 was flat at 1,263. It's up just 0.4 percent for 2011. The Nasdaq rose 2 points to 2,616.

Advertisement:

McDonald's Corp. is shaping up to be the biggest winner in the Dow this year with a gain of 31 percent. Bank of America Corp. was the worst, down 59 percent.

For the year, utility stocks rose the most of the ten sectors in the S&P 500.

Volume on the New York Stock Exchange has been about half of its daily average this week with many traders on vacation.


Salon Staff

MORE FROM Salon Staff


Related Topics ------------------------------------------