Alexa

Stocks little changed as dollar strengthens

Stocks little changed as dollar strengthens

U.S. stocks have ended the next-to-last day of 2009 little changed as welcome news on manufacturing helped offset a drop in commodities prices.
The market has drawn support Wednesday from an increase in the Chicago Purchasing Managers Index. That signals growth in the Midwest manufacturing industry.
A rising dollar and light volume have held the market's gains in check. The dollar's move is weighing on some commodities.
The Dow Jones industrial average is up 3 at 10,548. The Standard & Poor's 500 index is up less than 1 at 1,126. The Nasdaq composite index is up 3 at 2,291.
Falling stocks narrowly outpaced those that rose on the New York Stock Exchange. Volume came to a light 643.9 million shares.


Updated : 2021-03-04 12:10 GMT+08:00