Stocks End Mixed As Investors Look To Washington

By: Associated Press
By: Associated Press

NEW YORK (AP) -- Stocks have ended a quiet session little changed as investors wait for Washington to make the next move.

The market traded in a tight range and ended narrowly mixed. Investors are seeking details of how the government will reshape a rescue plan for the financial industry. The government plans to announce the changes Tuesday. Investors are also watching as political leaders put together an economic stimulus program.

Meanwhile, there are reminders of the ever-slowing world economy. Nissan Motor Co. says it will slash 20,000 jobs, or 8.5 percent of its global work force, over the next year.

The Dow Jones industrials slipped 9 to 8,270. The Standard & Poor's 500 index is up 1 at 869, and the Nasdaq composite is down less than a point at 1,591.

Advancing stocks were ahead of losers by 8 to 7 on the New York Stock Exchange, where volume came to 1.39 billion shares.

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