Stocks end wild ride with a whimper
U.S. stocks closed out a wild week with a lackluster finish. In the final stretch, stocks ended Friday's trading session just above the break even point.
The Dow Jones industrial average rose 22 points, or 0.2 percent, to close at 11,203.6. The S&P 500 rose 3 points, or 0.3 percent, to 1,199.7. The tech-heavy Nasdaq gained 4 points, or 0.2 percent, to 2,518.1.
Overall, the three indexes were barely changed from their close a week ago. With no economic data or major corporate reports on the day's agenda, volume was light as investors took a breather after the prior day's advance.
Treasuries take a breather
Treasuries were little changed Friday, as investors scurried to the sidelines ahead of a quiet holiday week.
Prices have see-sawed the entire week, amid volatile moves in the stock market and mixed economic reports.
On Thursday, Treasury prices slumped as talk that debt-stricken Ireland may be close to accepting a bailout pushed global markets higher. But as the week came to a close on Friday, some of that euphoria faded and investors were reluctant to take big bets ahead of Thanksgiving week –typically a slow week for markets.
Stocks also traded in a narrow range Friday, taking a step back from a big rally in the previous session.
- CNNMoney.com reporters Annalyn Censky and Blake Ellis contributed to this report.