US Stock Rise, Fall, Rise Again

By: AP
By: AP

The market is struggling for direction, signaling what could be a disappointing end to an electrifying week.

The Dow Jones industrial average and the broader Standard & Poor's 500 rose in the first half-hour of trading, but later wavered between small gains and losses.

Shortly before noon, the Dow is up 2 points to 13,254 and the S&P is up 2 points to 1,404. The Nasdaq composite index, which also can't seem to make up its mind, is up 1 point to 3,057 after wobbling earlier.

Bank of America is leading the Dow with a gain of 3.7 percent. Energy companies are the biggest gainers in the S&P 500 index.

The University of Michigan's consumer sentiment index and inflation data from the Labor Department underscored concerns about rising gas prices.

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  • by IhateSEC on Mar 16, 2012 at 09:25 AM
    Fire Mary Shiparo someone needs to put a stop to all these shorts.
  • by Nath Location: Colo Spgs on Mar 16, 2012 at 06:32 AM
    Don't trust any government data. Some food prices are up more than 20% over a year ago. fuel cost are going up, which affects the price of everything that has to be moved to market. Goldman Sachs (one of the too big to fail firms that got a massive "loan"), has been a factor in Wall Street manipulation. Want a review of what and who? Look at Tim Geithner's biography on Wikipedia. Then consider what you read as just the tip of the iceberg.
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