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Rally fizzles

6:38 AM, Dec 13, 2012   |    comments
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NEW YORK (AP) - Stocks finished little changed after a rally prompted by the Federal Reserve's latest economic stimulus program fizzled out. The Fed said it will continue to spend $85 billion a month on bond purchases to hold down long-term borrowing costs and stimulate economic growth.

The Dow Jones industrial average fell 2.99, or 0.02 percent, to 13,245.45.

The S&P 500 rose 0.64 point, or 0.04 percent, to 1,428.48.

The Nasdaq composite index fell 8.49 or 0.3 percent, to 3,013.81

 

 

 

 

 

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