Updated at 1:50 p.m., Wednesday, September 12, 2007
Stocks end flat as oil prices top $80 a barrel
Associated Press
Stocks ended flat Wednesday as investors appeared confident the Federal Reserve would lower rates when it meets next week but were nonetheless cautious as oil prices moved above $80 a barrel for the first time and the already weak dollar lost more ground.
The Dow Jones industrial average fell 16.74, or 0.13 percent, to 13,291.65.
The Standard & Poor's 500 index rose 0.07, or 0.00 percent, to 1,471.56.
The Nasdaq composite index fell 5.40, or 0.21 percent, to 2,592.07.
For the week:
The Dow is up 178.27, or 1.36 percent.
The S&P is up 18.01, or 1.24 percent.
The Nasdaq is up 26.37, or 1.03 percent.
For the year:
The Dow is up 828.50, or 6.65 percent.
The S&P is up 53.26, or 3.76 percent.
The Nasdaq is up 176.78, or 7.32 percent.
