Print

Stocks little changed as holiday-shortened session ends

By The Associated Press
Posted 1:40PM on Friday 28th November 2014 ( 10 years ago )
NEW YORK (AP) -- U.S. stocks ended little changed Friday as falling crude prices weighed on the market in a holiday-shortened session.<br /> <br /> The Standard & Poor's 500 index eased down five points to close at 2,067 Friday.<br /> <br /> The Dow Jones industrial average rose less than a point to close at 17,828. The Nasdaq edged up four points to 4,791.<br /> <br /> Market players were focused on Thursday's decision by the OPEC oil cartel to keep crude production at 30 million barrels a day despite global oversupply. The move hit oil prices as traders anticipated supply levels at their current rates at least for a few months yet.<br /> <br /> Benchmark U.S. oil slid 9 percent to $67.14.<br /> <br /> The market closed at midday Friday.

http://accesswdun.com/article/2014/11/282361

© Copyright 2015 AccessNorthGa.com All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.