iOS app Android app More

Stocks finish flat after good news on jobs

stumbleupon: Stocks finish flat after good news on jobs   digg: US Works With Sudan Government Suspected Of Aiding Genocide   reddit: Stocks finish flat after good news on jobs   del.icio.us: Stocks finish flat after good news on jobs

October 11, 2012 04:05 PM EST | AP


NEW YORK — Stocks are ending the day close to break-even despite some good news on jobs.

The Labor Department says applications for unemployment benefits fell last week to 339,000. That's the lowest in more than four years. Economists also look at the four-week average, and that hit a six-month low.

Stocks were up early but fell later. The Dow Jones industrial average finished off 18 points at 13,326. The Standard & Poor's 500 index was up a fraction of a point at 1,432. The Nasdaq composite index fell two to 3,049.

Advancing stocks beat decliners by about 2-to-1. Early numbers show volume was heavier than average, 3.6 billion shares.